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Quickly bring over that small stool! Our so-called "Ethereum Killer" SOL has recently performed a quiet act in the ETF circle, playing the role of "everyone else is asleep, I alone am awake." I carefully examined (from Thursday, 4.27 to 5.1) the billing assessment—good grief, the entire SOL spot ETF has actually net interrupted by 1.24 million ETH. This number might seem like a "drop in the bucket" to the big shots, but the content inside is quite intriguing: Grayscale, again! Almost all the movements come from Grayscale's GSOL, which has moved 1.2396 million. It feels like Grayscale is the wealthiest but most reckless relative, always wanting to shift some assets out now and then. All members are "wooden men": the most bizarre thing is, there are a total of 8 ETFs, and except for Grayscale, the other 7 are all standing still, with no inflow or outflow! The market is so stable it’s like meditating, all just staring at each other. The assets are still substantial: despite a slight breakthrough last week, the total net asset value of the SOL spot ETF remains at 858 million! The cumulative net inflow in history has also surpassed 1 billion. This means the main force hasn't moved yet; everyone is waiting for that "signal flare" to pause. Honest thoughts from the blogger:
The current SOL spot ETF is like the calm before the storm. Besides daily "selling," other institutions are just watching. Although there was a slight breakthrough this week, compared to the cumulative inflow of 1 billion, it’s barely enough to fill a gap. Today's interaction:
Do you think the stepwise jumps are a "run warning," or do you believe the other 7 are holding back for a big move? Chat in the comments—when do you think SOL can lead another surge? 👇