Foresight News reported that Tether CEO Paolo Ardoino announced that he will release content related to Tether Al at the Milan Artificial Intelligence Week today.
According to Sentora monitoring, a total of $1.2 billion worth of Ethereum has been withdrawn from centralized exchanges in the past 7 days. This sustained net outflow trend has been intensifying since early May, indicating that the accumulation behavior of Ethereum in the market is increasing, while seller pressure is decreasing.
According to BlockBeats, on May 14th, Sentora (formerly IntoTheBlock) announced that $1.2 billion worth of ETH has been withdrawn from centralized trading platforms in the past 7 days. Since early May, the net outflow trend has continued to intensify, indicating that the market is continuously hoarding ETH and selling pressure is weakening.
According to Foresight News, Matrixport tweeted that despite Bitcoin approaching a historic high, cryptocurrency trading volume remains sluggish. This may indicate that retail investors - taking the low cryptocurrency trading volume in South Korea as an example, a market traditionally dominated by retail investors - have not actively participated in this round of uptrend. On the contrary, this wave of price increases may be driven by institutional investors and corporate buyers, while retail investors remain in a wait-and-see state. From a historical perspective, retail investors typically enter the market in the later stages of the cycle, driving the final wave of gains before local highs arrive - as seen in the market trends of February and November 2022. This pattern may repeat itself, and retail investors may only enter the market before another high point arrives.
