Ethereum (ETH) Bulls Are Accumulating Assets Following the Crypto Market Dip, Igniting Similar Demand in Altcoins

Ethereum bulls are accumulating assets following the crypto market dip, igniting similar demand in altcoins. The asset has recorded increased daily volumes this week

The crypto market has seen a shift in favor of altcoins, with institutional investors increasing their presence in Ethereum over the past week. According to data from digital asset management firm CoinShares, institutional investors pulled out of Bitcoin and flocked to Ethereum in the seven days to December 22.

CoinShares figures showed that institutional investors pulled out of Bitcoin and flocked to Ethereum in the past week. The shift saw institutions put more money into Ethereum, with an inflow of $793 million compared to Bitcoin’s $407 million.

The crypto price correction in 2025 saw most of the weekly flows land in the red zone. However, better performance by the second largest cryptocurrency saw a change in sentiment.

“Bitcoin saw outflows of US$407m, with ETPs globally now representing 7.1% of the current market capitalization, making them the largest holder relative to any other entity. Ethereum stole the show this week, with the price falling recently close to US$2,100, leading to significant buying-on-weakness with inflows of US$793m, outpacing bitcoin for the first time this year,” CoinShares wrote.

Nevertheless, the world’s largest cryptocurrency is still a hot favorite among investors. In total, across all products, institutional investors pulled out of cryptocurrency investments, with an overall outflow of $1.2 billion.

Meanwhile, cryptocurrency traders are closely watching the price movements of the world’s second-largest cryptocurrency, Ethereum (ETH).

After six straight weeks of declines that saw ETH price slide 36% from highs above $4,300 to lows of around $2,700, sparking a series of liquidations, the asset is slowly recovering.

The recovery comes amid rising daily volumes, which hit highs of $2.4 billion this week. The increased trading activity comes after months of low volumes that saw traders largely stay on the sidelines due to the bearish trends.

As the asset fell below the $2.7k level and continued to face pressure, liquidations rose to $1 billion. The total crypto market cap remained the same, while billions were pulled out of crypto assets.

ETH price fell to $2,666 as liquidations continued to rise.

Despite the asset recovering 10% over the past seven days, most traders are still in the red zone. A possible turnaround could see traders close their positions in the green.

ETFs saw outflows amounting to $2.3 billion, while institutional investors pulled out of Bitcoin and flocked to Ethereum in the past week. The shift saw institutions put more money into ETH, with an inflow of $793 million compared to BTC’s $407 million.

The crypto price correction saw most of the weekly flows land in the red zone. However, better performance by the second largest cryptocurrency saw a change in sentiment.

“Bitcoin saw outflows of US$407m, with ETPs globally now representing 7.1% of the current market capitalization, making them the largest holder relative to any other entity. Ethereum stole the show this week, with the price falling recently close to US$2,100, leading to significant buying-on-weakness with inflows of US$793m, outpacing bitcoin for the first time this year,” CoinShares wrote.