Behind the 1.09% drop, 5 trading days saw $853.5 million flow in.
Tonight, $BTC reported BTC at $64,394, down 1.09% over the past 24 hours—market activity is sluggish. Wintermute just released a report: spot Bitcoin ETFs have recorded net inflows for 5 straight days, the strongest week since April; BlackRock alone accounted for 800 million of the total inflows, or 80%. With trading volumes so weak yet inflows still coming, it looks more like institutions accumulating according to a plan—not chasing the price higher.
On-chain echoes the same: a smart money player trimmed a $14 million position, waiting to buy back at lower levels.
Accumulation, even as it accumulates. Tomorrow night’s Consumer Price Index data will be the real test—only if the market holds above $64,000 can it be considered properly “caught.”
#Wintermute称机构按计划吸筹 #聪明钱撤仓1400万等低位 #BTC
Tonight, $BTC reported BTC at $64,394, down 1.09% over the past 24 hours—market activity is sluggish. Wintermute just released a report: spot Bitcoin ETFs have recorded net inflows for 5 straight days, the strongest week since April; BlackRock alone accounted for 800 million of the total inflows, or 80%. With trading volumes so weak yet inflows still coming, it looks more like institutions accumulating according to a plan—not chasing the price higher.
On-chain echoes the same: a smart money player trimmed a $14 million position, waiting to buy back at lower levels.
Accumulation, even as it accumulates. Tomorrow night’s Consumer Price Index data will be the real test—only if the market holds above $64,000 can it be considered properly “caught.”
#Wintermute称机构按计划吸筹 #聪明钱撤仓1400万等低位 #BTC