🪙Bitcoin Pressure is Decreasing
According to Santiment data: The supply of Bitcoins on exchanges has decreased by 403.2 thousand BTC over the past year, indicating reduced pressure from sellers and a lower risk of major sell-offs.
📊Capital inflow report for crypto ETFs as of 08.12:
🤑Bitcoin: –$60.48 million
🤑Ethereum: +$35.49 million
🤑Solana: +$1.18 million
🤑XRP: +38.04 million
🐋An insider Bitcoin whale is increasing its long position in ETH. It has now opened a Long position in ETH worth $217 million and has already made a profit of $3 million.
🐂Citi economists predict that following the FOMC rate cut on Wednesday, additional cuts may follow in January and March.
According to Santiment data: The supply of Bitcoins on exchanges has decreased by 403.2 thousand BTC over the past year, indicating reduced pressure from sellers and a lower risk of major sell-offs.
📊Capital inflow report for crypto ETFs as of 08.12:
🤑Bitcoin: –$60.48 million
🤑Ethereum: +$35.49 million
🤑Solana: +$1.18 million
🤑XRP: +38.04 million
🐋An insider Bitcoin whale is increasing its long position in ETH. It has now opened a Long position in ETH worth $217 million and has already made a profit of $3 million.
🐂Citi economists predict that following the FOMC rate cut on Wednesday, additional cuts may follow in January and March.
