๐จ ETH Outflows Hit Record HighsโBullish or Just Noise? ๐จ
๐ฅ Big money is movingโ300K ETH ($817M) just left derivatives exchanges! ๐ฅ
On Feb 6, Ethereum saw its largest outflow since Aug 2023, signaling reduced selling pressure and potential accumulation.
๐ Key Takeaways:
โ
Traders closing leverage positions โ Less forced selling
โ
ETH moving to cold storage? โ Bullish long-term
โ
ETH still under $3K โ Breakout coming?
Meanwhile:
๐ BNB just hit $584
๐ Kentucky proposes investing state funds into BTC! ๐
๐ Solana ($SOL) update: Bullish Sentiment in the air. So I have opened a position at $198.
No predictions this time, got humbled last weekend. Iโll be just watching price action over the weekend.
Finger's crossed SOL rallies. ๐ Fear & Greed Index: 44 ๐
Lastly, 3 hours till poll ends. Hereโs where we stand now:
1๏ธโฃ TRUMP: 45%
2๏ธโฃ MELANIA: 7%
3๏ธโฃ WIF: 48%
Whatโs your game plan for the weekend? Drop your thoughts & hit follow if youโre riding this market wave with me! ๐๐๐ฅ๐ฌ๐