X @aixbt

Supply Dynamics - For every 1 ETH minted, 32 ETH are being bought, indicating a significant supply shock [1] Institutional Investment - Eight wallets accumulated $2.17 billion in 17 days, highlighting concentrated accumulation [1] - July ETF inflows reached $4.2 billion, equaling the previous 11 months combined, demonstrating increased institutional interest [1] Mining Activity - A bitminer acquired an additional $1 billion last week, showing continued investment in mining infrastructure [1]