ETH: Summary of discussions in the CoinAnk Chinese discussion group (23:00:09 ~ 00:00:09)

[Analysis Material Extraction] The current price of ETH is approximately $1972.08. The futures and spot markets show significant differences in fund flows across different timeframes. In short timeframes, such as 5 minutes, the futures market saw a net inflow of $22.07 million, while the 15-30 minute timeframe saw a significant net outflow, reflecting volatile short-term fund flows. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] Within a 1-day timeframe, the ETH futures market saw a significant net inflow of $519.25 million, while the spot market experienced a net outflow of $16.86 million, indicating that the activity of futures funds was significantly higher than that of the spot market in the short term, suggesting a certain degree of fund rotation in the market. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] Long-term data, such as the 15-day and 30-day periods, show a large-scale net outflow of funds from ETH futures contracts, amounting to $7.7 billion and $9.59 billion respectively. The spot market also shows a negative outflow trend during the same period, indicating significant selling pressure or profit-taking behavior at the long-term funding level. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] Within a 7-day period, ETH spot funds saw a net inflow of $275.14 million, while the futures market only saw a small net inflow of $12.03 million, suggesting that medium-term funds may be biased towards spot accumulation, implying that some investors are choosing to hold physical assets to hedge against volatility. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] Fund flows show significant divergence across different timeframes. Short- to medium-term funds experience frequent inflows and outflows, while long-term funds show a clear outflow, suggesting the market may be in a period of consolidation and adjustment, with funds searching for new directions and trends. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] Fund flows in the ETH contract market fluctuate dramatically in the short term, especially showing significant net outflows in the 30-minute to 2-hour timeframes, potentially reflecting profit-taking or risk aversion by short-term traders. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] Spot market funds have shown net outflows across multiple timeframes, especially the 12-hour and longer periods, suggesting that market holders are inclined to reduce their positions in the short term, possibly indicating a cautious attitude towards future market trends. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] The significant net inflow of contract funds within a 1-day period may be related to institutions or large investors using contract tools for hedging or positioning for future market movements, indicating a certain accumulation of long positions in the market. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] Fund flow data shows that ETH fund flows exhibit a clear rhythm across different timeframes, with frequent short-term fluctuations and a gradual outflow of medium- to long-term funds, indicating divergent trading strategies among market participants at different time scales. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] In some timeframes, such as 3 days and 4 hours, there is a significant net outflow of funds from contracts, with spot funds also flowing out simultaneously, potentially suggesting substantial selling pressure in the short term and a cautious investor sentiment. [src: @CoinAnk Chinese Discussion Group, 2026-02-12 23:17:05/#2161061; ref: window] 【Key Clues Summary (Optional)】 - The flow of funds in the ETH contract market and the spot market shows a clear divergence in short-term and long-term cycles. - Within a 1-day cycle, there is a significant net inflow of funds into the contract market, while spot funds experience a slight net outflow, indicating active bullish sentiment in short-term contracts. - Large-scale net outflows of funds in long-term cycles (15 days, 30 days) reflect profit-taking pressure from long-term holders. - Significant net inflows of funds into the spot market over a 7-day cycle indicate increased willingness to hold coins in the medium term. - Fluctuations in funds across different cycles reflect the strategic differences and changes in the pace of market participants.