Ethereum Slides for 6 Straight Months, but Institutions Keep Accumulating Below $2,000

For some institutional investors, trading ETH below $2,000 represents an opportunity rather than a risk, despite growing concerns about expanding unrealized losses.

ETH has now entered its sixth consecutive month of decline. This marks the longest losing streak since the 2018 downtrend.

Tom Lee and K3 Capital Boost ETH Holdings as Staking Ratio Hits Record High

According to Lookonchain, Tom Lee — founder of Fundstrat and head of Bitmine — executed large ETH purchases during the third week of…