#etheretfsextendoutflowstoninedays
ETH grandpa is getting milked for 9 days straight! đ
Last week, Wall Street âsharksâ all turned on grandpa as spot Ether ETFs recorded a record 9-day streak of net outflows!
đž How much flowed out? A whopping $542.1 million just last week.
đ Whoâs pulling out? BlackRock (ETHA), of courseâit accounted for 88% of the Ether fundsâ outflows. Selling like they never bought in!
đ Whoâs buying? Retail traders are still âholding through lossesâ and putting their faith in, but the sharks are swimming the other way, and short sellers are in the lead.
đš When did this 9-day streak start? Itâs been going on since late Septemberâmeaning the quiet sell-off began even before the big crash on October 7! Truly a higher life form: it ran before the rain came.
đź And what about Tom Leeâs prophecy that ETH would hit $25kâ$50k? Maybe old Tom meant Vietnamese dong, or heâs living in some parallel universe!
đ§ What should traders do now? Sit tight, catch your breath, and manage your capitalcarefully. Donât try to catch a falling knife, or grandpaâs blessing might leave you with nothing!
â ïž This is not financial advice!
đ Sign up for a new Binance account and trade alongside me:
â Referral code: VINHTOCDO
đ Link: [binance.com]
đ Click a trading link below to support me:
$ETH
ETH
2,503.78
+0.27%
$SOL
SOL
109.38
-0.52%
$BTC
ETH grandpa is getting milked for 9 days straight! đ
Last week, Wall Street âsharksâ all turned on grandpa as spot Ether ETFs recorded a record 9-day streak of net outflows!
đž How much flowed out? A whopping $542.1 million just last week.
đ Whoâs pulling out? BlackRock (ETHA), of courseâit accounted for 88% of the Ether fundsâ outflows. Selling like they never bought in!
đ Whoâs buying? Retail traders are still âholding through lossesâ and putting their faith in, but the sharks are swimming the other way, and short sellers are in the lead.
đš When did this 9-day streak start? Itâs been going on since late Septemberâmeaning the quiet sell-off began even before the big crash on October 7! Truly a higher life form: it ran before the rain came.
đź And what about Tom Leeâs prophecy that ETH would hit $25kâ$50k? Maybe old Tom meant Vietnamese dong, or heâs living in some parallel universe!
đ§ What should traders do now? Sit tight, catch your breath, and manage your capitalcarefully. Donât try to catch a falling knife, or grandpaâs blessing might leave you with nothing!
â ïž This is not financial advice!
đ Sign up for a new Binance account and trade alongside me:
â Referral code: VINHTOCDO
đ Link: [binance.com]
đ Click a trading link below to support me:
$ETH
ETH
2,503.78
+0.27%
$SOL
SOL
109.38
-0.52%
$BTC