Good news for ETH has also emerged. Haha, do you believe this isn't manipulated?
In November, the ETH ETF saw a $1.4 billion outflow, the worst in history.
At the same time, the Digital Asset Treasury (TAT) absorbed 300,000 ETH worth $800 million – these are hardcore "never-selling" holdings.
Even more outrageous is that BPCE, France's second-largest bank, approved ETH trading services for 2 million retail clients on Monday (December 9th).
This is a classic case of weak sellers being met with strong buyers.
ETF retail investors are surrendering,
while institutions are buying.
If this price difference can be violently closed in a short period, the price of ETH will take off.
When prices fall, either you don't have money to buy, or you panic and sell.
If you bought at around $4,000 and can still hold on, that's not bad; just wait.
I'm sharing these consecutive positive news reports because during the previous continuous declines, the screen was filled with negative news.
Is it really just a coincidence? What are the odds of this happening? Is this some kind of interesting data feed?