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🚨 BlackRock has now sold $ETH for 7 consecutive trading days
Here’s what’s happened:
• Last $ETH purchase: June 16
• 7 straight trading days of net selling
• No new Ethereum buys in the past 2 weeks
BlackRock’s flows don’t dictate where Ethereum goes next, but they’re one of the indicators I keep a close eye on
Seeing the world’s largest asset manager consistently reduce its exposure is definitely something worth watching
This week could be an important one for Ethereum if that trend starts to reverse
GM.