đ„ Selling 10,000âŻETH isnât a panic dump; itâs a calculated supply tweak that savvy investors should read like a market signal.
đ The Ethereum Foundation just transferred another 10KâŻETH to BitMine amid todayâs #Ethereum price slide to $2,565 (â5.82% 24h) and an onâchain RSI of 24.6, while the #Treasury move fuels fresh debate over unstaking and grant funding.
đĄ In a bearâphase where the MACD has crossed down and Bitcoinâs market sentiment sits at GreedâŻ71, such treasury outflows often precede a supplyâdriven reset that fuels the next accumulation wave â a pattern weâve seen every midâcycle correction #SupplyDynamics #BullCycle.
đ With ETH futures open interest at $6.27âŻB, funding at â0.0059% (shorts paying) and a longâshort ratio of 3.34, the smartâmoney lens shows long bias; consider scaling in modestly on dips while monitoring onâchain wallet activity for further Treasury moves.
â How are you adjusting your ETH exposure now that the Foundation is again offâloading 10K, and do you see this as a buying opportunity or a warning sign?
đ The Ethereum Foundation just transferred another 10KâŻETH to BitMine amid todayâs #Ethereum price slide to $2,565 (â5.82% 24h) and an onâchain RSI of 24.6, while the #Treasury move fuels fresh debate over unstaking and grant funding.
đĄ In a bearâphase where the MACD has crossed down and Bitcoinâs market sentiment sits at GreedâŻ71, such treasury outflows often precede a supplyâdriven reset that fuels the next accumulation wave â a pattern weâve seen every midâcycle correction #SupplyDynamics #BullCycle.
đ With ETH futures open interest at $6.27âŻB, funding at â0.0059% (shorts paying) and a longâshort ratio of 3.34, the smartâmoney lens shows long bias; consider scaling in modestly on dips while monitoring onâchain wallet activity for further Treasury moves.
â How are you adjusting your ETH exposure now that the Foundation is again offâloading 10K, and do you see this as a buying opportunity or a warning sign?