Big-money perspective: “Ethereum spot ETFs saw total net outflows of $56.1001 million yesterday, marking 9 consecutive days of net outflows.”
Institutional position reductions don’t necessarily signal a bearish outlook; they could simply be portfolio rebalancing. Don’t read too much into it, but keep an eye on whether the trend continues.
Add $ETH to your watchlist first. Feel free to share what you’ve noticed.

#ETH

Just my personal take; it may not be accurate, so please consider it rationally.