š Big Money is Back.
This week a whale bought $119.67 Million worth of $ETH on Sep 24, and BlackRock added $50.8M to its $ETH fund same day ā 4 straight days of $ETF inflows totaling $746.5M. Total $ETH $ETF inflows now $13.85B.
Staking also up ā 1.68M $ETH queued to stake vs only 154K to unstake. People locking, not selling.
šÆ Levels to watch
Support: $2,550 where whales bought dip
Resistance: $2,705 ā if $ETH breaks $2,789, next target $3,000.
