🚨 Institutions Are Quietly Eating Up ETH! 🍽️🔥
Since early June, treasury firms and spot ETFs have each scooped up around 1.6% of ETH’s total supply — a massive move that signals growing conviction from both camps.
Here’s what’s unfolding:
🧠 Standard Chartered claims treasury companies are a better long-term ETH bet than ETFs, thanks to more favorable NAV multiples.
📈 This supports Tom Lee’s bold $16,000 ETH prediction, suggesting a bull run is heating up.
But wait — it’s not all smooth sailing:
💥 Whale liquidations and looming liquidation lines (~$3,800) are flashing warning signs.
🔑 Smart strategy? Accumulate slowly, in batches, and keep a sharp eye on key support zones.
ETH is being absorbed — don’t wait till it’s out of reach.
FOLLOW 👈🏻
