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![AlvaApp Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1701794106555641856.png) Alva [@AlvaApp](/creator/twitter/AlvaApp) on x 57K followers
Created: 2025-07-23 08:46:48 UTC

$534M flowed into US spot ETH ETFs — 3rd largest on record.

Momentum looks strong. Flows look bullish.

But what if some whales are using ETH as the new exit liquidity?

Not saying they are.  
But it’s worth asking.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947941454652883277/c:line.svg)

**Related Topics**
[whales](/topic/whales)
[momentum](/topic/momentum)
[$534m](/topic/$534m)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/AlvaApp/status/1947941454652883277)