According to @MilkRoadDaily, the phrase ETH is dead has appeared 146 times, with at least 36 instances in 2025, representing about 24.7% of the total. Source: @MilkRoadDaily, X, Aug 24, 2025. Despite those claims, the source reports ETH is up roughly 65% over the past year, indicating a positive 12-month Ethereum price performance in 2025. Source: @MilkRoadDaily, X, Aug 24, 2025. This dataset shows bearish headlines and crypto market sentiment have coincided with strong trailing gains in ETH, a trading-relevant context for monitoring sentiment versus performance. Source: @MilkRoadDaily, X, Aug 24, 2025.

According to @PANewsCN, London-based traditional asset manager Abraxas Capital withdrew 270,000 ETH (valued at $700 million) from crypto exchanges within a single week, indicating a substantial investment shift into Ethereum’s DeFi ecosystem, especially towards liquid staking tokens such as wstETH and weETH. This large-scale withdrawal reduces potential exchange sell pressure on Ethereum, potentially supporting bullish sentiment for ETH price action. Traders should note the growing institutional interest in liquid staking products, which could drive liquidity and trading volumes in related DeFi protocols. Source: @PANewsCN