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Crypto Uncle@CryptoUncle0x 📊 ¡ETHEREUM IS DOMINATING ETF INFLOWS! 🔥
🚀 $ETH inflows are massively surpassing $BTC inflows over the last month, as shown in the latest net flow data for ETFs.
🟩 While Ethereum spot ETFs are consistently attracting tens of thousands in positive net flows, Bitcoin is showing mixed signals, with several notable days of outflows (🔻).
📈 ETH inflows peaked at over 60K on June 11, signaling growing institutional confidence and establishing strong bullish momentum, all while the price of ETH remains stable near the $3K mark.
🔍 Highlights of Technical Analysis:
🔹 Strong bullish trend in ETH ETF demand since late May
🔹 BTC is stabilizing but lacks the conviction of inflows that ETH has
🔹 Smart money is rotating — altcoin season is brewing
#Ethereum #BTC Price Analysis # #Altcoin Season # #ETFFlows
Market Maker continues to mint USDT to maintain the price pushing process
In the past day, Cumberland & Abraxas Capital has minted 123M $USDT from Tether
The $USDT amount has already been deposited by MM onto the exchange right during the correction of $BTC to 101K last night
Immediately after, the price reacted and rebounded; it is possible that the $USDT has been used to buy in the market
If they only mint to maintain, then the market will have a sustainable upward trend, and if they mint billions of dollars, the market will enter a price pushing phase