Although the intense performance of the election can clearly see the current struggles of investors, reflected in the spot ETF where a large number of investors' risk-averse sentiments appeared, in the last trading day, both #BTC and #ETH showed a significant trend of reduction. When reducing positions, ETH's reduction was slightly less. However, BTC had previously experienced severe FOMO, and now the reduction is even more intense.
In the ETH spot ETF, yesterday was another net outflow day, and the outflow amount was not small. On one hand, Grayscale's $ETHE continues to sell off significantly, reducing 4,869 ETH in the past 24 hours. On the other hand, Fidelity experienced the largest sell-off in history, reaching 13,000 ETH. Although these two sales are notable, they represent a rare intensity of selling.
In terms of net inflow, although BlackRock's investors are still buying, the buying strength is still far behind the selling. In the last trading day, only 4,544 ETH were bought, resulting in a net outflow of 13,325 ETH yesterday. Overall market sentiment is not very friendly.
Data has been updated. Address: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing
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