Institutional flows are confirming the stability. Despite weak price action, ETHA (BlackRock’s Spot Ethereum ETF) have been picked up in large numbers.


Source: X
These holders now lean heavily long, with 486 long positions versus just 1 short. This is despite the cautious outlook. There’s been steady growth in ETHA ownership through late 2025.


Source: X
Institutions are increasing exposure while sentiment is still fragile. Case in point: Trend Research bought 46,000 ETH in the past day. Their total ETH exposure is now at 626k ETH.
Ethereum stalls, but the floor holds
Ethereum is perhaps stuck in a compression.
At press time, the price traded sideways just below the mid-Bollinger Band, with no decisive breakout in sight. The RSI showed neutral momentum at the time of writing, with MACD indicating a loss of direction.


Source: TradingView
Importantly, downside attempts have been absorbed above the lower Bollinger Band, keeping the $2,800-$2,900 zone intact as short-term support.
Big moves will likely follow broader market cues, rather than lead them.
Final Thoughts
- Ethereum’s supply is decreasing; 745K ETH queues for staking and exchange balances fall at cycle-fast rates.
- ETHA showed 486 long positions versus just 1 short despite weak price moves.
Source: https://ambcrypto.com/ethereum-sees-745k-eth-locked-for-staking-will-eth-react-this-time/