Ethereum

Some important information to remind everyone today🔔

1: The Ethereum spot ETF started trading last night. Grayscale’s ETHE saw an outflow of US$480 million, while the inflow from other institutions was only about US$300 million. There was a large net outflow on the first day of trading, which is bad news.

2: ETH etf replicates the trend of Bitcoin etf, which is directly beneficial for cashing out. Grayscale and other institutions smashed the market. It took 15 days for the big pie to start to double before it was cashed out. It is estimated that Ether will also take 2 weeks to fall and recover. At that time, it is bold to buy the bottom.

3: WLD will enter the unlocking cycle starting from 7/24 and will be unlocked linearly in the next four years (approximately 1.63 million coins per day). There is no need to buy this kind of currency.

4: Mt.Gox has transferred 56,452.9 BTC to the exchange that performs compensation distribution. Mentougou has used a total of 141,685 BTC