๐ Intro:*
Me: โIโll just check the ETH OTC supply real quickโฆโ
28 hours later: *jaw on floor* ๐ฑ
*Wintermute โ the whale plug โ has ZERO $ETH left for OTC deals.* Institutions? Youโre gonna have to *buy like the rest of us.* ๐๐ธ
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๐ฅ *What Just Happened:*
- *Wintermuteโs OTC wallets show 0 ETH left* for big off-market deals
- Big players like *BlackRock, WLFI, and sovereign funds* are now *forced* to buy ETH *on centralized exchanges* (CEXs) ๐โก๏ธ๐
- That means *billions in buy pressure hitting the open market directly* ๐ฃ
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๐ *I Spent 28 Hours on Chainโฆ Here's What I Found:*
โ Massive *ETH outflows from OTC desks*
โ *CEX balances are thinning* โ ETH is vanishing
โ Smart money is rotating from stablecoins to ETH
โ Big wallets are *splitting buys to avoid detection* ๐๐ง
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๐ฎ *What This Means for ETH & Altseason:*
- *ETH breakout is inevitable* โ supply shock + institutional FOMO = ๐
- Once ETH *clears ATH*, historical cycles show *altseason kicks off HARD*
- TOTAL3/ETH chart suggests *alts still undervalued vs ETH*
- Expect altseason *to begin shortly after ETH hits price discovery* (think: Q4 setup)
๐ง *What to Do Next:*
โ Accumulate ETH before the next leg up โ this is likely the final chance at discounts
โ Start positioning into *high-conviction altcoins* (L2s, AI, DeFi, oracles)
โ Watch on-chain data, especially *whale inflows to CEXs* โ itโs the quiet before the pump
โ Donโt chase โ accumulate with a plan and exit targets
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๐ก *Tips for You:*
- Use tools like Etherscan, Nansen, and Arkham to watch smart money
- Avoid over-leveraging โ volatility will spike as CEX demand explodes
- Diversify ETH gains into early-stage alts once ETH starts flying
- Stay emotionally detached โ strategy > hype
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Wintermute being dry isnโt bearish โ itโs *institutional FOMO season.*
And when they market buyโฆ *you donโt want to be late.* ๐โณ
#ETHSupplyShock #BlackRockCrypto #AltseasonSoon #SmartMoneyMoves
