The black rock shark manipulates the market terribly, it continuously buys from t4-t10 until it reaches ATH, now it continuously sells from t10, leaving the market in ruins.
TIS_Square
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Bullish
ETH ETF are experiencing a fifth consecutive day of outflow, with BlackRock leading the sell off.
$ETH ETF still see no positive outlook as outflows continue.
🔴 On December 17th, ETH ETF recorded a net outflow of $22.43 million. This marks the fifth consecutive day of losses for this group, indicating that institutional investors remain highly averse to risk in ETH.
📉 The largest fund, BlackRock was the main factor driving down the price today with a net selling of $19.61 million.
💸 Second in terms of selling pressure was Fidelity with a slight net withdrawal of $2.81 million.
📉 The continuous selling has dragged the total net asset value of $ETH ETF down to $17.34 billion.
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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