Historical $BTC rally cycles saw ETF inflows averaging $202-294M/day.
Since July 1st? Only ~$86M/day despite price pumping 39%.
Then Oct 22nd hit: -$635.6M outflow in a single day.
Buying pressure this cycle looking weak compared to past runs. Are we running out of fuel or just shaking out weak hands before the real move?
Since July 1st? Only ~$86M/day despite price pumping 39%.
Then Oct 22nd hit: -$635.6M outflow in a single day.
Buying pressure this cycle looking weak compared to past runs. Are we running out of fuel or just shaking out weak hands before the real move?