$ETH
the money flows like a stream, doesn't it?
hold on tight to the steering wheel! Stormy waves are rising on the Ethereum sea!
Just last Friday night, Ethereum ETF funds in the US witnessed over 444 million dollars being withdrawn, marking the second-largest shock since their launch.
More alarmingly, within 5 days, nearly 1 billion dollars (over 952 million dollars) has "evaporated" from these funds – this is the largest weekly capital withdrawal in history!
Specifically, BlackRock's ETHA fund has "burned" 307.68 million dollars, accounting for nearly 70% of the total withdrawals in a single day.
Not only ETFs, the derivatives market is also as tense as a guitar string!
The sellers of ETH futures have overwhelmed the buyers by 570 million dollars – a historical signal that often appears near local peaks, indicating that traders are hedging against the risk of a price crash!
At this moment, Ethereum co-founder Joseph Lubin remains steadfast with his prophecy: ETH could increase by 100 times and even "overthrow Bitcoin's monetary base"!
Major banks are secretly testing and integrating Ethereum technology.
So, is this a chasm or a golden opportunity to gather stocks before the impending tsunami? Make your own judgment!