According to ChainCatcher, Lookonchain monitoring shows that institutions and whales are still buying ETH. SharpLink Gaming previously announced the purchase of 188,478 ETH at a price of $2,513 each (worth approximately $474 million), and five hours ago acquired another 1,989 ETH (worth about $4.82 million) through an over-the-counter transaction.
Meanwhile, a whale address starting with 0x1fc7 bought and staked 3,201 ETH (worth about $8.1 million) a week ago, and has recently continued to purchase more ETH.