7/25, BTC and ETH fell, triggering liquidation of US$250 million
The spot ETF passed the second day, with a direct net outflow of US$150 million, mainly in grayscale!
Yesterday, Grayscale continued to sell and had sold 230,000. Last night, it transferred 140,000 and sold 90,000. Grayscale’s ETH holdings exceeded 2.629 million Eth. If you sell 100,000 a day, it will probably take 10 days to sell.
In addition, other ETFs have currently reduced or stopped buying after buying bottom positions on the first day.
The selling pressure on ETH continues, you need to continue to wait, do not buy rashly, and BTC also fell under the influence of Mt. Gox transfers and ETF fund outflows. The early market share and space pills have all achieved their goals, so be careful to adjust your space in a timely manner! #MtGox钱包动态 #比特币大会 #美国以太坊现货ETF开始交易
