ETH spot ETFs saw about $955 million in outflows in October—the biggest monthly outflow on record. And last week marked the third consecutive week of net outflows. By all accounts, this coin should be flatlining.
But what happened? It plunged to a low of 2,329 today, and now it’s at 2,436. It’s reclaimed the 2,400 level.
My stance is simple: the money flowing out is spooked by sentiment; the people staying understand the setup. Money can leave, but someone has to pick up the coins.
What about you? Institutions have been running for three straight weeks—are you following them or buying in?
$ETH
#以太坊 #ETF
Not investment advice. DYOR.
But what happened? It plunged to a low of 2,329 today, and now it’s at 2,436. It’s reclaimed the 2,400 level.
My stance is simple: the money flowing out is spooked by sentiment; the people staying understand the setup. Money can leave, but someone has to pick up the coins.
What about you? Institutions have been running for three straight weeks—are you following them or buying in?
$ETH
#以太坊 #ETF
Not investment advice. DYOR.