Although it may be a false proposition whether the bull market and market frenzy of A-shares will absorb the liquidity of the crypto market or Bitcoin, many venture capital institutions or market makers may have different considerations in actual operations.
When they evaluate the poor risk-return ratio of trading a certain altcoin or investing in it, will they transfer part of the funds to A-shares or related derivatives? This situation is indeed possible.
If so, does it mean that the liquidity originally used for trading altcoins has been reduced? It can be said that from a certain perspective, there is indeed a phenomenon of liquidity being diverted in the crypto market.