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Manator.eth π©πππ
@manator
Galaxy Digital just published an insightful report on expected Spot ETH ETF inflows. TL;DR: Itβs reasonable to expect a 33% inflow seen in BTC ETFs implying monthly flows of >USD 1bn. ETH price sensitivity is higher due to staking, ETH held in DEFI (e.g. bridges/ smart contracts) and supply held on exchanges approaching an all-time low. All of this coupled with some of the worst sentiment of 2024, makes truly interesting months ahead. π https://t.co/VnNk6JEpnn
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Rango π©
@gregory-1967
In my experience, negative sentiment always spikes before major market movements. When most market participants are expecting further price declines, the whales have already made their purchases, and the market's trend abruptly reverses.
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