Post
Mona Maken
ETH has had over 200 million USD withdrawn for five consecutive days.
But it hasn't dropped. It hovered around 2700 for seven days straight holding steady.
Looking at the trend over 30 days, it has actually risen by nearly 10%.
Something's off, so I reviewed it and found about reasons.
First, the conclusion: the money hasn't left; it's just in hands.
First, the "outflow."
Redemption doesn't equal selling. When someone redeems fund shares, the manager has to free up coin
#DailyOrbit
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