Ki pointed to what he called an “insane” Ethereum-Coinbase premium in a tweet.
“Selling [ETH] now seems not a good idea in the long term. Follow US institutional investors, not against them,” said the analyst.
Still an insane $ETH Coinbase premium.
Selling $ETH now seems not a good idea in the long term. Follow US institutional investors, not against them. https://t.co/mZcGk6Gvrspic.twitter.com/IX8cVP1ppY Ki Young Ju 주기영 (@ki young ju) May 8, 2021
Earlier, he said that U.S. institutional investors are buying ETH using the exchange run by
Coinbase Global Inc (NASDAQ:COIN).
Why It Matters: LikeFolio co-founder Andy Swan said Sunday that there was a flow from