The US ETH Spot ETF saw the largest net outflow in a single day. Analysts: Short-term profit pullback does not indicate a long-term decline in demand.

According to reports, in response to the largest single-day net outflow of the US Ethereum Spot ETF yesterday, a director of a research institution stated: Although this may suggest a short-term profit pullback after the recent rise of ETH, it does not necessarily reflect a decline in institutional demand, especially considering the record inflow of $5.4 billion into the industry in July and the accumulation of ETH by enterprises.

The chief information officer of a research institution holds a similar view. This trend reflects fluctuations in short-term profit-taking and risk-avoidance sentiment, rather than a rejection of long-term positions in ETH.

ETH7.74%
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DegenDreamervip
· 08-08 06:01
What's wrong with daily trapping?
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YieldHuntervip
· 08-08 05:20
hmm technically speaking... just paperhands taking profits. look at the tvl data and you'll see institutional accumulation is still strong af
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DeFiChefvip
· 08-07 07:41
Consolidation is the best Coin Hoarding point.
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TokenToastervip
· 08-05 07:58
Just farm and run, it's a normal operation.
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BlockchainTalkervip
· 08-05 07:56
actually, this is just typical market dynamics 101... seen it before w/ btc etfs *yawns*
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NotFinancialAdvicevip
· 08-05 07:52
Fluctuation is the norm; rise is what makes it interesting.
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ForkThisDAOvip
· 08-05 07:52
Taking profits is normal; those who can't hold should exit first.
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ZKSherlockvip
· 08-05 07:48
actually... profit taking is just noise, the mathematical trend vectors still point to institutional accumulation
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PumpDetectorvip
· 08-05 07:41
textbook smart money distribution phase... seen this movie before
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