Content
@
0 reply
0 recast
0 reaction
Manator.eth π©πππ
@manator
ETHer supply on central exchanges is now at an 8-dear low. ETH Spot ETFs are about to create a huge supply crunch. As a result, the price of ETHer could skyrocket. π Are you preparedβοΈ What do you think will happenβοΈ
16 replies
1 recast
20 reactions
Thomas
@aviationdoctor.eth
Are the large ETF issuers buying from CEXes though? I would assume those are off-market block trades
2 replies
0 recast
2 reactions
Manator.eth π©πππ
@manator
I donβt think they will buy it from CEXs, agree it will be OTC but CEXs will have to get theirs from somewhere and if the OTC supply dries the price will rise I assume?
1 reply
0 recast
1 reaction
Thomas
@aviationdoctor.eth
Yes, my guess it that it will come from whales and other institutionals β so in this sense itβs drawing the total whale supply of ETH, which I believe has been expanding lately as weβve gone through an accumulation phase
1 reply
0 recast
1 reaction
Manator.eth π©πππ
@manator
What are your (price) expectations for this cycle? I know it is highly speculative, but always good to hear many peopleβs opinion.
2 replies
0 recast
1 reaction
Thomas
@aviationdoctor.eth
https://warpcast.com/aviationdoctor.eth/0x313002a1
0 reply
0 recast
0 reaction