🚨 Crypto Market Highlights
1️⃣ ETFs Took a Big Hit Yesterday
• BTC: -$671.9M
• ETH: -$60.5M
• First significant outflows in weeks.
• Surprisingly, BlackRock’s clients remain calm with no reported outflows.

2️⃣ U.S. Investors Selling Aggressively While Short-Term Holders Stay Calm
• Coinbase Premium Index (price difference between Coinbase and Binance for BTC) is deeply negative, showing aggressive U.S. selling.
• SOPR Indicator (tracks BTC holders from 1 hour to ~5 months): still above 1, meaning short-term investors are selling at a profit.
• ETH Faces Massive Selling Pressure, one of the biggest sell-offs in history.

3️⃣ Ethereum Foundation Selling at Perfect Timing?
• Conducted 32 transactions this year, offloading 4,466 ETH.
• 15 of those sales preceded market corrections. 🤔