How big is the disagreement right now? Just look at the data, and you'll know. At this moment, it's definitely a case of calling each other SB. On-chain data shows that after a whale accumulated $1.3 billion worth of ETH, they felt it wasn’t enough. They just borrowed another $120 million and deposited it into Binance, seemingly preparing to continue increasing their ETH position. On the other hand, since the start of November, ETH ETFs have been seeing daily net outflows. Starting from October 30, they've been bleeding for 10 consecutive days, with another $184 million fleeing just yesterday. Buyers keep buying, sellers keep selling—intense turnover. Now it’s just a matter of seeing who wins this battle: will the bulls have the last laugh, or will the bears?