• Spot Ethereum ETFs saw net outflows recently: Monday redemptions of $30M led by ETHB, and Friday outflows of $13M from ETHA versus prior Thursday’s $82M.
  • SharpLink, the second-largest ETH holder, bought 39,196 ETH after an eight-month pause. Position is unrealizedly down about $1.7B; average cost roughly $3,609 per ETH.
  • Onchain Lens data reported by Foresight News shows a whale opened a new short position of 22,000 ETH using 25x leverage, with the position size valued at approximately $35 million.
  • ETHUSD shows bearish signs: Chaikin Money Flow negative (capital outflow), RSI near oversold, and open interest falling as price drops, implying position unwinds rather than new aggressive shorts.