🔥 The architects of Ethereum just swapped code for cash, offloading $47 million of ETH as the market’s greed meter spikes to 70/100.
📊 In the past week the Ethereum Foundation has executed three OTC blocks, the latest a 10,000‑ETH transfer to BitMine, pushing total weekly outflows to roughly $47 million. Meanwhile #ETH hovers at $2,711 with a bullish MACD crossover, sits at a 71.7% Bollinger‑Band mid‑range, and futures open interest rests at $6.21 billion with a 2.53 long‑short ratio that keeps longs in control #Ethereum #DeFi.
💡 Yet the funding rate flipped negative, meaning short sellers are now paying longs—turning the Foundation’s cash‑out from a panic signal into an unexpected vote of confidence for upward momentum.
❓ If the creators are cashing out while the market leans long, are we witnessing a strategic retreat or the calm before a massive rally?
📊 In the past week the Ethereum Foundation has executed three OTC blocks, the latest a 10,000‑ETH transfer to BitMine, pushing total weekly outflows to roughly $47 million. Meanwhile #ETH hovers at $2,711 with a bullish MACD crossover, sits at a 71.7% Bollinger‑Band mid‑range, and futures open interest rests at $6.21 billion with a 2.53 long‑short ratio that keeps longs in control #Ethereum #DeFi.
💡 Yet the funding rate flipped negative, meaning short sellers are now paying longs—turning the Foundation’s cash‑out from a panic signal into an unexpected vote of confidence for upward momentum.
❓ If the creators are cashing out while the market leans long, are we witnessing a strategic retreat or the calm before a massive rally?