WATCH OUT!! Institutions Are SELLING Crypto!!

"Ethzilla authorized a $250 million buyback program on the 25th of August and specifically mentioned the option to sell ETH to fund the purchases. And as mentioned earlier, Ethzilla completed its first $40 million share repurchase on the 27th of October, and it probably won't be the last."

"Seekons sold off 970 BTC worth over $90 million on the 4th of November in order to redeem 50% of its outstanding convertible debt which was valued at $189 million."

"Ethzilla, a treasury company that's been accumulating, ETH sold around $40 million worth of ETH on the 27th of October."

"For Ethereum, the upcoming staked ETFs will likely attract major institutional capital by offering large investors opportunities to earn a yield."

"there's a growing number of altcoin ETF filings that could be approved imminently. As I record this, the US government shutdown is the main obstacle delaying their approval. But once the shutdown ends, many of these ETF applications are expected to get the green light."

"This could help boost the price of many of the altcoins held by DATs, potentially creating a positive feedback loop where spot altcoin ETF inflows push up altcoin prices, which push up DAT prices, which makes it possible for them to buy more altcoins, and so on."