Matrixport: Ethereum holding companies perform flat, trading volume slows down, and leverage trading is under pressure

Odaily Planet Daily News Matrixport released a chart today saying that Ethereum holding companies have performed poorly recently, with their NAV (net asset value) hovering around 1 times, indicating that investors are no longer willing to pay premiums; Bitcoin holding companies' NAV has also seen a sharp decline. Ethereum trading volume has plummeted from $122 billion to $41 billion, but futures open positions remain high, supporting ETH prices in the short term. However, as liquidity tightens and capital fee rates remain high, leveraged longs may face passive closing pressure. U.S. inflation data released this week and next week's Fed interest rate meeting may provide positive factors for the crypto market.