#比特币现货etf净流入1.91亿美元
👉 只对冲基金和散户在卖
The spot ETF saw a net inflow of $191 million yesterday.
Bitcoin during the same period was hovering around 84,000.
The price didn’t rise, and the money didn’t leave.
On-chain data provides an explanation.
This round, a whale address was recorded accumulating an additional 30,269 coins.
At the same time, Binance saw a daily outflow of 13,800 coins.
This is the fastest daily outflow since 2023.
Exchange-held coins are being moved to cold wallets.
Who’s selling is also tracked.
Only hedge funds and retail investors are selling.
Meanwhile, institutions are still adding to their positions.
The two groups are moving in opposite directions.
The probability of a rate hike in October still stands at 69.7%.
Interest rates are weighing on the price, while buy orders are stepping in from below.
This kind of structure usually doesn’t deliver results immediately.
The price moving sideways is a sign of turnover in the coins.
During this turnover phase, the direction is determined by capital.
Whoever has more patient money sets the price.
For crypto, it’s more important to watch capital turnover than the price itself.
Do you think this round is institutions rotating positions, or is there really someone withdrawing? Let’s discuss in the comments.
👉 只对冲基金和散户在卖
The spot ETF saw a net inflow of $191 million yesterday.
Bitcoin during the same period was hovering around 84,000.
The price didn’t rise, and the money didn’t leave.
On-chain data provides an explanation.
This round, a whale address was recorded accumulating an additional 30,269 coins.
At the same time, Binance saw a daily outflow of 13,800 coins.
This is the fastest daily outflow since 2023.
Exchange-held coins are being moved to cold wallets.
Who’s selling is also tracked.
Only hedge funds and retail investors are selling.
Meanwhile, institutions are still adding to their positions.
The two groups are moving in opposite directions.
The probability of a rate hike in October still stands at 69.7%.
Interest rates are weighing on the price, while buy orders are stepping in from below.
This kind of structure usually doesn’t deliver results immediately.
The price moving sideways is a sign of turnover in the coins.
During this turnover phase, the direction is determined by capital.
Whoever has more patient money sets the price.
For crypto, it’s more important to watch capital turnover than the price itself.
Do you think this round is institutions rotating positions, or is there really someone withdrawing? Let’s discuss in the comments.
