Liquidity reverses; the big pie bulls are building up momentum!
Institutional funds are rushing in! According to the latest data, spot ETFs saw a daily net inflow of as much as $143.7 million, putting an end to three consecutive trading days of net outflows. Meanwhile, the Grayscale Zcash ETF has posted net inflows for 16 consecutive trading days, and overall market liquidity in crypto is showing a strong recovery.
With ETF funds shifting from outflows to a significant inflow, it means institutional selling pressure has weakened and buying power has regained dominance.
Long the big pie near 80800, targeting 84000$BTC $ETH
Institutional funds are rushing in! According to the latest data, spot ETFs saw a daily net inflow of as much as $143.7 million, putting an end to three consecutive trading days of net outflows. Meanwhile, the Grayscale Zcash ETF has posted net inflows for 16 consecutive trading days, and overall market liquidity in crypto is showing a strong recovery.
With ETF funds shifting from outflows to a significant inflow, it means institutional selling pressure has weakened and buying power has regained dominance.
Long the big pie near 80800, targeting 84000$BTC $ETH
