Stop using the unfavorable macro environment as an excuse. During the same period, Bitcoin ETFs saw net inflows of $241 million for three consecutive weeks, while Ethereum ETFs recorded net outflows of $138 million.

It’s not that money isn’t coming in—it’s that, once it does, a brutal rotation is underway: institutions are adding to their Bitcoin positions while treating Ethereum like an ATM. The charts don’t lie either: ETH saw heavy-volume selling, dropping to around $2,560, with barely any meaningful resistance from the bulls.

When fresh capital on the sidelines is openly voting with its feet, all that’s left in the market is bleeding. Until the outflow channel closes, these so-called “cheap coins” are nothing more than an exit ramp institutions are leaving for retail investors to hold the bag.

#ETH
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