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Ethereum supply tightens as institutions buy big despite retail pullback and bearish sentiment

Market News
10 Jun 2026
AMBCrypto
View Source
Neutral
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Ethereum's network activity shows a sharp decline in retail transactions by about 43%, while the average transfer value surged 184%, indicating larger holders remain active. Exchange withdrawals of 79,080 ETH and rising stablecoin inflows into Binance suggest liquidity is concentrating among big players. Institutional buyer BitMine notably acquired 75,000 ETH worth $123 million during market weakness, expanding its holdings to over 5.5 million ETH. Despite falling market confidence and bearish sentiment pushing ETH prices toward $1,600, on-chain data reveals continued accumulation by whales and institutions, signaling supply tightening and potential resilience ahead.

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