It is a form of bullish divergence to see 3 consecutive days of 8 figures $ETH ETF outflows while $ETH pumps 22%.

Perhaps, the tradfi investors still do not understand the impact of Pectra yet.

At the same time, there is a ongoing movement to raise gas limit from 36M to 60M.

https://x.com/sassal0x/status/1920611528744509526

Ethereum 2-pronged scaling effort is still playing out and many alt L1s would become less investible imho.

Update: all of my validators are now signaling for an increase in the gas limit to 60 million

Still early days and realistically most node operators won't up their validator(s) gas limit to 60mil until core devs say it's safe to do so, but we've already got over 9000 validators signaling for an increase!

Track it here: https://t.co/ha0nCQcNso https://t.co/KG5LGsehbj

sassal.eth/acc 🦇🔊

On a self mission to onboard people into web3, one person at a time.