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$ETH posted its 3rd best quarter ever, +56% in Q3. real strength or just leverage talking 24hrs: $65.28M shorts liquidated vs $27.63M longs, clear squeeze. ETH liqs only $5.01M, leverage isn't driving this ETFs backing it: $26.46M net inflow, ETHA alone $57.79M, staked ETHB $16.44M MY TAKE: those two beat total inflow, other ETFs bleeding, demand uneven mainnet's quiet tho, ETH organic NFT sales fell 14.23% while total volume rose 55.6% fundamental shift or fading hype? 👇