End of Crypto 'Capitulation Phase' May Be Near: CoinShares Analyst

Despite rising crypto prices, institutions have been selling off digital assets, with Bitcoin accounting for 85% of all institutional activity and experiencing $45 million worth of outflows. Ethereum, labeled as the least-loved digital asset, has seen $4.8 million in sales by large entities over the past week. These outflows suggest that we may be nearing the end of the capitulation phase