Ethereum ETF inflows hit $244.94 million this week, the highest in nearly four months. Whales also bought around 80,000 ETH worth approximately $152 million. With coins leaving exchanges, rising staking, and stablecoin liquidity moving onto Ethereum, supply is tightening as ETH approaches the $2,000 level. DYOR.
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JUST IN: Saylor Says BTC Could Fall to $5,000 and Strategy Would Still Be Overcollateralized
Michael Saylor addressed concerns about Strategy’s balance sheet resilience amid the ongoing Bitcoin drawdown.
Key Quote:
“Even if Bitcoin fell to $5,000 a coin, we would still be overcollateralized against our debt. We would be totally fine. We have raised about $65 billion in capital to buy BTC, but most of it wasn’t debt.”
Context:
> Strategy currently holds approximately 842,000 BTC.
> The comp...