The Ethereum Foundation sold 10,000 ETH at an average price of $2,292.15 USD through the over-the-counter market. #USSeeksStrategicBitcoinReserve

🐳 Major players continue to accumulate Ethereum. Arkham Service reported that Fundstrat founder Tom Lee deposited 217,350 ETH worth approximately $508.4 million into staking protocols. BitMine increased its own locked assets to 4 million ETH — at the current exchange rate, this is $9.3 billion. The company controls 10.5% of the total Ethereum supply in staking.

Just been watching the charts and noticed most major coins are in the red today. BTC sitting around 78.5K after some choppy trading, ETH hovering near 2.31K. The usual suspects are down a bit, though some smaller caps like TRU and CTSI are showing interesting moves despite the broader pullback. What's catching my attention though is the regulatory noise piling up. The ECB is pushing for more centralized oversight of crypto firms, Argentina just opened up their qualified investor rules to digital assets, and there's still tension with geopolitical stuff adding to the uncertainty. It feels like crypto is getting squeezed from multiple angles right now. On top of that, some of these crypto-native companies are hitting rough patches trying to go public. All this structural pressure is probably why everything's down across the board. Curious to see if this is just a temporary dip or if we're settling into a softer period.