#GENIUSAct

$ETH

ETH
ETHUSDT
1,846.51
-2.63%

ETH On-Chain Data Turns Bullish

NUPL flipped in Q2 — smart money bought the bottom.

ETF inflows followed. Price pumped.

Now:

• Less ETH on exchanges

• Holders aren’t selling

• MVRV turning bullish

Everyone’s waiting for a dip.

But the real move already started.