The big one is coming, Ethereum and Bitcoin ETFs sold 800 million in a single day! Is the whale retreat an opportunity or a risk?
Ethereum spot ETF saw a net outflow of $465 million yesterday, setting a new historical high; Bitcoin ETF also experienced an outflow of $333 million, marking the third consecutive day of withdrawal.
These big players might also be playing short-term strategies or being driven by market sentiment.
My personal view: Such a scale of net outflow is worth being cautious about! It may affect market sentiment in the short term, but don't rush to follow the trend.
If you are a long-term holder, don't let short-term funds dictate your actions; if you want to trade short-term, first observe if the market can stabilize today, then decide whether to follow up.
Remember: a whale retreat does not necessarily mean bearish sentiment; it may just be a position adjustment, but retail investors should wait for market stabilization before taking action!
I will continue to look for good opportunities; making random trades myself can easily lead to missing the best buy-sell points, ultimately resulting in losses. If you want to join me, just come if you agree, don't mess around by yourself.
