Holy shit, the money’s back, but $ETH has fallen again?
Spot ETH ETFs just ended a 10-day streak of outflows totaling about $783 million, and yet ETH fell another 3.6% in a single day. The ETH/BTC exchange rate also plunged straight below its October 8 low.
Even more striking: Bitmine is just 1% away from its goal of accumulating 5% of the total supply.
Institutions are buying, prices are tanking—the money and the price action just don’t add up.
Do you trust the fund flows or the candlesticks? Are you buying this ETH dip?
#ETH #BTC
Spot ETH ETFs just ended a 10-day streak of outflows totaling about $783 million, and yet ETH fell another 3.6% in a single day. The ETH/BTC exchange rate also plunged straight below its October 8 low.
Even more striking: Bitmine is just 1% away from its goal of accumulating 5% of the total supply.
Institutions are buying, prices are tanking—the money and the price action just don’t add up.
Do you trust the fund flows or the candlesticks? Are you buying this ETH dip?
#ETH #BTC