meanwhile BOJ hiked rates.

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[Not a paid/sponsored post] rather than an initiative to support a new project. DYOR

FED LEAVES RATES UNCHANGED AT 5.25-5.5%

https://www.cnbc.com/2024/07/31/fed-rate-decision-july-2024.html?

Fully Pricing a 100% Chance of a Cut in September

^

Story from six weeks ago, but they started dumping yesterday. Overall, $500M+ in$ETH. Eth is now negative YTD.

^ Jump Crypto un-stakes $315M of ETH, now moving to exchanges
still hold $125 million of staked-Ether

VIX near inflection point, No one can time the markets. You either buy cheap $Bitcoin, $ETH, $SOL, and $alts, and Short the $VIX or keep scrolling through unverified panic content on twtr.

pre-market vix spiked to 65.

Grayscale transferred 20,416 $ETH to Coinbase Prime

https://platform.arkhamintelligence.com/explorer/entity/grayscale

^ panicked

Buy or diie; https://www.bloomberg.com/news/articles/2024-08-05/jpm-trading-desk-says-getting-close-to-buy-the-dip-opportunity-lzh07hst

VIX now 20. topped at 65.

Hedge funds and institutional investors made a notable move: buying the dip on Monday. while retails sold everything