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.
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