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Tag: 547M

ETH declines as cryptocurrencies and stocks adjust, yet $547M in spot ETF inflows indicate traditional finance positioning.

ETH declines as cryptocurrencies and stocks adjust, yet $547M in spot ETF inflows indicate traditional finance positioning.

Key Points: If Ether’s price hits $4,350, then a bearish position exceeding $1 billion could be at risk of liquidation. Bitmine Immersion has increased its holdings to $10.6 billion, representing 5% of the total ether supply. Ether ETFs have seen a significant inflow of $547 million, indicating strong institutional interest despite a downturn in on-chain […]

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