ETH failed to trade above $4,300, but $547 million in inflows to the spot Ether ETFs highlight TradFi’s position on the future direction of ETH price. If Ether price hits $4,350, over $1 billion in short (bearish) positions face liquidation risk. BitMine Immersion expanded holdings to $10.6 billion, targeting 5% of the total Ether supply.