Big Money Accumulates Ethereum While Retail Investors Enter Bitcoin Market

Bitcoin (BTC) rose by 6.2% last week, trading just above $107,000 after a 0.6% dip on Monday. Ethereum (ETH) increased by 9.6% but remained stable over the past 24 hours. Analysts are examining blockchain data for future market direction.

Onchain Trends

  • Ethereum inflows to Binance have persisted for five consecutive days, indicating potential sell pressure or repositioning by major players.
  • Bitcoin's short-term holder Net Position Realized Cap has increased from negative $49 billion to over $5 billion.
  • Increased activity from retail investors typically correlates with upward price movements.
  • Long-term holders of Ethereum are accumulating positions during current price consolidation, suggesting confidence in the asset's future.

Impact of US Policy

  • Former President Trump's proposed Senate bill may increase consumer liquidity, potentially affecting investor appetite in both traditional and digital markets.
  • Elon Musk warned that without spending cuts, the bill could widen the federal deficit and cause long-term economic instability.
  • Large fiscal imbalances may influence monetary policy, interest rates, inflation expectations, and overall risk sentiment in crypto markets.