Recently, the Ethereum (ETH) market has been performing exceptionally well, with its price breaking through the $4800 mark, attracting widespread attention. Data shows that the Ethereum ETF reserve has exceeded $30 billion, with 69 treasury companies holding nearly $20 billion in ETH, and the top three institutions' holdings surpass $10 billion, accounting for 3.39% of the ETH Circulating Supply. This phenomenon of institutions hoarding Crypto Assets on a large scale inevitably reminds one of the scenario during the 1971 detachment of the dollar from the gold standard.

Grayscale recently increased its holdings by 2,909 ETH, further boosting market sentiment. However, behind the optimistic sentiment, we cannot ignore the potential risks. Data shows that the total liquidation amount across the network reached $526 million in the past 12 hours, with Ethereum accounting for $315 million, which warns us to remain cautious when investing.

Looking ahead, if Ethereum can stabilize around the $4800 mark, we may see a situation similar to XRP's market cap rebound happening with ETH. However, both institutional and individual investors should closely monitor market trends, manage risks appropriately, and avoid overly aggressive operations.

In this cryptocurrency market full of opportunities and challenges, rational analysis and cautious decision-making will be the keys to success. With the continuous influx of institutional investments and the ongoing changes in the market landscape, the future development of Ethereum is worth our continued follow.