đ„ The architects of Ethereum just swapped code for cash, offloading $47âŻmillion of ETH as the marketâs greed meter spikes to 70/100.
đ In the past week the Ethereum Foundation has executed three OTC blocks, the latest a 10,000âETH transfer to BitMine, pushing total weekly outflows to roughly $47âŻmillion. Meanwhile #ETH hovers at $2,711 with a bullish MACD crossover, sits at a 71.7% BollingerâBand midârange, and futures open interest rests at $6.21âŻbillion with a 2.53 longâshort ratio that keeps longs in control #Ethereum #DeFi.
đĄ Yet the funding rate flipped negative, meaning short sellers are now paying longsâturning the Foundationâs cashâout from a panic signal into an unexpected vote of confidence for upward momentum.
â If the creators are cashing out while the market leans long, are we witnessing a strategic retreat or the calm before a massive rally?
đ In the past week the Ethereum Foundation has executed three OTC blocks, the latest a 10,000âETH transfer to BitMine, pushing total weekly outflows to roughly $47âŻmillion. Meanwhile #ETH hovers at $2,711 with a bullish MACD crossover, sits at a 71.7% BollingerâBand midârange, and futures open interest rests at $6.21âŻbillion with a 2.53 longâshort ratio that keeps longs in control #Ethereum #DeFi.
đĄ Yet the funding rate flipped negative, meaning short sellers are now paying longsâturning the Foundationâs cashâout from a panic signal into an unexpected vote of confidence for upward momentum.
â If the creators are cashing out while the market leans long, are we witnessing a strategic retreat or the calm before a massive rally?