📊 10.10 Post-Market Deep Dive | Quiet Shift in Capital Flows
The market looked calm tonight, but capital flows are quietly changing direction:
🔹 Macro: Trump announced a diesel supply deal with Putin. Russia will immediately supply 300,000 tons of diesel, raising expectations of lower energy costs and a recovery in risk appetite.
🔹 Regulatory: The DOJ is reviewing whether Binance violated its 2023 settlement agreement (involving the recovery of $61 million related to Iran sanctions). This is a short-term headwind, but no allegations of wrongdoing have been made so far.
🔹 The divergence in capital flows is the most interesting part:
• BTC spot ETFs saw modest net inflows of $21.13M, with IBIT alone taking in $22.38M.
• $ETH ETF has seen outflows for nine consecutive days, totaling $56.1M today.
• But Grayscale Mini ETH bought $103 million worth of ETH over 20 days, going against the trend—the outflows from the older ETHE fund are actually an internal rotation.
🔹 On-chain alert: SkyAI, which holds 2 million $SOL , transferred 568,000 SOL ($63.87M) to exchanges over three days. It built its position at an average price of $194 and is sitting on an unrealized loss of $46M, strongly suggesting it was forced to reduce its holdings.
💡 Takeaway: ETF capital is rotating between BTC and ETH rather than exiting, and the outline of institutional support is still there. But selling pressure from whales persists, so don’t chase the rebound—waiting for a confirmed pullback is a safer bet.
NFA | DYOR
#比特币 #以太坊 #ETF资金流 #Solana #BinanceSquare
The market looked calm tonight, but capital flows are quietly changing direction:
🔹 Macro: Trump announced a diesel supply deal with Putin. Russia will immediately supply 300,000 tons of diesel, raising expectations of lower energy costs and a recovery in risk appetite.
🔹 Regulatory: The DOJ is reviewing whether Binance violated its 2023 settlement agreement (involving the recovery of $61 million related to Iran sanctions). This is a short-term headwind, but no allegations of wrongdoing have been made so far.
🔹 The divergence in capital flows is the most interesting part:
• BTC spot ETFs saw modest net inflows of $21.13M, with IBIT alone taking in $22.38M.
• $ETH ETF has seen outflows for nine consecutive days, totaling $56.1M today.
• But Grayscale Mini ETH bought $103 million worth of ETH over 20 days, going against the trend—the outflows from the older ETHE fund are actually an internal rotation.
🔹 On-chain alert: SkyAI, which holds 2 million $SOL , transferred 568,000 SOL ($63.87M) to exchanges over three days. It built its position at an average price of $194 and is sitting on an unrealized loss of $46M, strongly suggesting it was forced to reduce its holdings.
💡 Takeaway: ETF capital is rotating between BTC and ETH rather than exiting, and the outline of institutional support is still there. But selling pressure from whales persists, so don’t chase the rebound—waiting for a confirmed pullback is a safer bet.
NFA | DYOR
#比特币 #以太坊 #ETF资金流 #Solana #BinanceSquare