This photo has been hyped up massively today and used as another FUD against $ETH. Let's break it down ↓
Net flows can't be used as an argument against Ethereum for one simple reason - L2s.
Ethereum is fundamentally expected to have outflows due to its nature. 

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After a 3-month hiatus, Bitcoin has once again broken through the $70,000 mark. After a period of meme coins dominating the market, the meme market has cooled down, but the enthusiasm remains, and some tokens have shown signs of a resurgence after adjustments.

So, what are some meme coin targets worth paying attention to?

<Ethereum chain>
$Kekec
Current market cap: $28 million
Highest market cap: Around $35 million
CA:0x8c7ac134ed985367eadc6f727d79e8295e11435c
<The Balkan ...>

Bitcoin breaks through $70,000, these meme coins may be ready to go丨Meme Wars

After the AI and Art MEME brought a huge heat, the Solana MEME market yesterday welcomed a rare rest day. Almost the entire day passed without any new "large MC memecoin" appearing, and the previously frenetic art concepts also mostly halved.

Although the sentiment may have subsided, the market never sleeps. Last night, a certain chain player (the editor) was just about to get off work and go to bed when the monitoring Bot suddenly sounded the alarm, and a multi-million dollar MEME appeared in the middle of the night, this time with the official Vatican Gigi...

LUCE has increased a thousand times overnight. Is the real "religious meme" coming? | Today's Meme Angle Appreciation

As the November 5th US election approaches, Bitcoin is expected to see a potential price increase; however, analysts warn that a sell-off may occur.

Currently, the largest digital asset by market capitalization is trading just below $69,000, with the US presidential election just over a week away.

Bitcoin's price may rise before the US election on November 5th, but analysts warn that a sell-off may occur in the days following the election, regardless of the outcome.

"Edouard Hindi, Chief Investment Officer of Tyr Capital, told <The Block>..."