MultiversX Tracker is Live!

ETH falls as crypto, stocks correct, but $547M spot ETF inflows show TradFi positioning

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 134 Views

ETH failed to trade above $4,300, but $547 million in inflows to the spot Ether ETFs highlight TradFi’s position on the future direction of ETH price.

Key takeaways:

If Ether price hits $4,350, over $1 billion in short (bearish) positions face liquidation risk.

BitMine Immersion expanded holdings to $10.6 billion, targeting 5% of the total Ether supply.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments