🇺🇸 ETF FLOWS: On May 16, around 2.51K BTC and 8.71K ETH we | CheckDot-is-SAFU en Binance Square

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🇺🇸 ETF FLOWS: On May 16, around 2.51K BTC and 8.71K ETH were bought.
BTC ETFs saw $260.3M in net inflows.
ETH ETFs saw $22.1M in net inflows.

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Vitalik Buterin connects with Chinese developers to discuss Ethereum’s future development. $ETH #Ethereum

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President Trump slams Walmart for raising prices due to tariffs. "Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING. I'll be watching, and so will your customers!!!" #TRUMP #Walmart

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1 $BTC now nearly equals 1kg of gold at ~$ 102.9K. #GOLD #BTC

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Ethereum Falls Below $2,500 Amid Market Volatility on May 17 On May 17, 2025, Ethereum (ETH) saw its price drop to approximately $2,483.46, marking a decline of over 5% in the last 48 hours. The downturn reflects broader market volatility driven by multiple macroeconomic and technical factors. A major contributor to the drop was the expiry of $3.2 billion in crypto options contracts, which sparked significant price swings across the market. As traders adjusted their positions, ETH fell below the critical $2,500 mark. Adding to the bearish sentiment, Moody’s downgrade of the U.S. credit rating triggered a wave of risk-off behavior among investors. This led to a sell-off across various asset classes, including cryptocurrencies. Alongside Ethereum, tokens like Dogecoin and XRP also posted declines of around 3%. Whale activity further intensified the downward momentum. A large holder sold 10,543 ETH, worth roughly $26.1 million, realizing a $2 million loss. This move signaled a lack of confidence among major investors and added selling pressure. Technical analysts have pointed to a pattern of lower lows in ETH’s recent price movements, suggesting the possibility of further declines. Key support is currently seen around $2,350. While some remain bullish on Ethereum’s long-term outlook, near-term sentiment remains cautious amid continued market uncertainty and macroeconomic headwinds.

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