sales

#ETH #ETF $ETH #OnChain #sales
📊Sentiment around Ethereum has deteriorated rapidly, and retailers are rapidly turning away from the number two cryptocurrency by market cap.
ETF outflows, foundation sales, slow network growth, and persistent bearish news are making traders more skeptical of ETH than ever.

ETF $BTC and Institutional Pressures: The market faced significant headwinds in June, including a #drop of #OVER 20% and roughly $4.5 billion in outflows from #Spot U.S. ETFs. Additionally, Strategy's decision to authorize potential BTC #sales totaling #up to $1.25 billion weighed heavily on investor sentiment.