According to online reports, according to an analysis by Cryptoquant analyst Crypto Dan, a rare Ethereum premium has appeared on the Coinbase platform recently. The capital inflow of the Ethereum spot ETF has hit a single-day record high, indicating that institutional investors and large companies in the United States are buying Ethereum in large quantities. Analysts pointed out that there are currently no obvious signs of overheating in the market, which suggests that it is likely to continue to rise after a short-term consolidation. Although there is no need to worry at this stage, if there are many similar strong trends in the second half of 2025, it may indicate that the market is overheating, and risk management should be considered at that time.