Ethereum holdings divergence intensifies: institutional giants go their separate ways

【Crypto World】Ethereum market remains sluggish, and the pressure on holdings is gradually becoming apparent. A mining company’s stock price has fallen to $29.32, a decrease of 6.59%, mainly due to the expanding unrealized losses on Ethereum on its books. Interestingly, the company’s chairman Tom Lee continues to increase his position at this critical moment, investing $140 million to buy more Ethereum, showing a strong momentum in this contrarian move.

Institutional attitudes are also quite divided. Ark Invest has spent nearly $28 million this week on its increased holdings, including a $10.56 million investment in this mining company, indicating their optimistic outlook on the company’s long-term prospects. However, analyst Samson Mow recently changed course, announcing a strategy shift to hold only Bitcoin in the future, completely dropping Ethereum from his portfolio.

Between these moves, the differing attitudes of institutional investors toward Ethereum are becoming clear. Some are optimistic about Ethereum’s potential, while others believe Bitcoin is the true king. This divergence actually reflects the overall market’s confusion about Ethereum’s role in investment portfolios—whether it is a long-term value or a short-term risk.