
Are SHIB Whales Afraid of a 'Ryoshi Dump'? Billions of Shiba Inu Coins Sent to Binance, Again
SHIB whales are sending billions to Binance, raising fears of a sell-off.

Ethereum ETFs experienced $184 million in outflows over four days, with a significant $87.7 million on April 29. Despite this, Ethereum's price rose 2.2% to $2,313.
Ethereum exchange-traded funds extended their losing streak to four days on Thursday, shedding nearly $184 million as geopolitical uncertainty offset record highs in U.S. stocks.
The outflows accelerated on April 29, when Ethereum ETFs posted $87.7 million in net redemptions, the largest single-day exit since March 26, according to SoSoValue data. Cumulative flows for Ethereum ETFs now stand at $11.9 billion, down from a peak of $12.9 billion in mid-January.
Despite the outflows, Ethereum's price climbed 2.2% over the same period, trading at $2,313 on Thursday, per CoinGecko data. The divergence suggests selling pressure on the fund product has not translated directly to spot market weakness.
On prediction market Myriad, owned by Decrypt's parent company Dastan, users see a 55% chance that Ethereum's next major move reaches $3,000, up from 46% on April 30.
The four-day negative streak for Ethereum ETFs coincides with broader weakness in crypto investment products. Bitcoin ETFs shed $476 million over the same four-day period ending April 30, with outflows peaking at $263 million on April 27. Cumulative net inflows for Bitcoin ETFs now stand at $58.1 billion.
The outflows arrived as traditional markets marched higher with the S&P 500 hitting a fresh all-time high of 7,271, fueled by a rally in technology earnings.
The outflows were attributed to geopolitical uncertainty impacting investor sentiment, despite record highs in U.S. stocks.
Bitcoin ETFs saw $476 million in outflows, but they also had a $14.76 million inflow on Thursday, contrasting with Ethereum's continued losses.
Users currently see a 55% chance that Ethereum will reach $3,000, an increase from 46% earlier in the week.

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Oil prices, on the other hand, remained elevated above $120 per barrel following the UAE's exit from OPEC. On Myriad, users place a 70% chance on oil’s next move taking it to $120 per barrel—down from 79% earlier today.
Geopolitical risks in the Middle East continue to cloud the outlook for risk assets. The U.S.-Iran conflict shows no signs of near-term resolution, keeping energy markets on edge and inflation expectations elevated. Myriad users place just a 27% chance on a U.S.-Iran diplomatic meeting by the middle of the month, down from 36% earlier today.
Ethereum and the broader crypto market now follow Bitcoin as it attempts to undo losses noted after the Federal Open Market Committee maintained the benchmark interest rate at 3.5%–3.75% for the third consecutive meeting, citing elevated inflation fueled by rising energy prices.