â#etheretfsextendoutflowstoninedays
đš $ETH ETF EXODUS: THE 9-DAY EQUATION đš
âWall Street is putting heavy pressure on Ethereum. Letâs break down the latest ETF data using pure math đ§źđ
â(Institutional Selling) + (9 Consecutive Days) = ~$700M Net Outflows đ
âHere is the exact formula driving the institutional charts:
âThe Market Output:
Total Oct 9 Outflow = $56.1 Million.
âThe Source Variable:
(BlackRockâs ETHA) = 100% of the daily bleed.
âThe Breakdown:
U.S. spot Ethereum ETFs are officially on a brutal nine-day losing streak. Since September 29, approximately $697 million has exited these funds, erasing the vast majority of their previous inflows.
âInterestingly, on October 9, every single dollar of that $56.1 million withdrawal came exclusively from BlackRockâs ETHA product, while the other funds saw zero net movement.
âWith ETF buyers temporarily stepping back and short sellers aggressively building overhead positions, Ethereum's price has been struggling to hold momentum in the short term.
âIs Wall Street temporarily giving up on ETH, or is this just a massive shakeout before the next leg up? Drop your targets below! đđŹ
$BTC
$SOL
#Ethereum #ETHETF #CryptoInstitutions #CryptoNews
đš $ETH ETF EXODUS: THE 9-DAY EQUATION đš
âWall Street is putting heavy pressure on Ethereum. Letâs break down the latest ETF data using pure math đ§źđ
â(Institutional Selling) + (9 Consecutive Days) = ~$700M Net Outflows đ
âHere is the exact formula driving the institutional charts:
âThe Market Output:
Total Oct 9 Outflow = $56.1 Million.
âThe Source Variable:
(BlackRockâs ETHA) = 100% of the daily bleed.
âThe Breakdown:
U.S. spot Ethereum ETFs are officially on a brutal nine-day losing streak. Since September 29, approximately $697 million has exited these funds, erasing the vast majority of their previous inflows.
âInterestingly, on October 9, every single dollar of that $56.1 million withdrawal came exclusively from BlackRockâs ETHA product, while the other funds saw zero net movement.
âWith ETF buyers temporarily stepping back and short sellers aggressively building overhead positions, Ethereum's price has been struggling to hold momentum in the short term.
âIs Wall Street temporarily giving up on ETH, or is this just a massive shakeout before the next leg up? Drop your targets below! đđŹ
$BTC
$SOL
#Ethereum #ETHETF #CryptoInstitutions #CryptoNews