Post
安然Alpha
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$BTC Last night I actually touched 80k; this time it looks a bit worse than the day before yesterday.
BTC is now around 81,700, and last night the low already dipped to 80,345.
The day before yesterday I still thought that around 82k it might grind sideways a bit, but last night it was just driven straight to the doorstep of 80k.
💸 This time the ETF is definitely moving the money.
On October 7, the U.S. BTC spot ETF had a single-day net outflow of $484.9 million; BlackRock’s IBIT alone had an outflow of $207.7 million. On October 8, the disclosed data so far is also about -$41.5 million.
In two days, it’s already over $500 million.
This isn’t quite like those previous days where there’s “outflow one day, then bought back the next.” I’ll watch it for another couple of days.
🏛️ Yesterday, the U.S. government wallet also pulled off a big one.
Related to the Bitfinex hacker case: 12,267 BTC—worth roughly $1 billion—was moved in total.
But don’t jump to “the U.S. government transferred $1B BTC, so it’s going to dump” just yet—these coins are currently going to an unmarked wallet, not an exchange, and there’s no evidence they’ve been sold.
🌍 Things aren’t calm outside either.
Brent crude last night closed at $104.28, up about 4%. The U.S. 10-year yield has been fiddling around at high levels during the day—good thing the 30-year Treasury auction demand was solid; later the 10-year yield fell back to 5.227%.
At least the bond market didn’t keep hammering things to death. Now look at the positioning/positions in the book:
📊 BTC OI: 93.3k coins
📉 Yesterday it was about 95.8k coins, down roughly 2,470 BTC
🟢 Longs in ordinary accounts: 65.2%
🐋 Longs in large-holder positions: 62.2%
💰 Funding rate: +0.00177%
🔻 Recent 4H active buy/sell ratio: 0.93
If the price gets smashed down from 83k, the OI drops too—last night did indeed wipe out another chunk of leverage.
But the weird part is: the more it drops, the more longs there are.
Yesterday the long-account share was around 62%; today it’s already 65%.
80k is right in front—let’s see whether it can actually be broken through. #币安推出BinanceIntelligence
BTC is now around 81,700, and last night the low already dipped to 80,345.
The day before yesterday I still thought that around 82k it might grind sideways a bit, but last night it was just driven straight to the doorstep of 80k.
💸 This time the ETF is definitely moving the money.
On October 7, the U.S. BTC spot ETF had a single-day net outflow of $484.9 million; BlackRock’s IBIT alone had an outflow of $207.7 million. On October 8, the disclosed data so far is also about -$41.5 million.
In two days, it’s already over $500 million.
This isn’t quite like those previous days where there’s “outflow one day, then bought back the next.” I’ll watch it for another couple of days.
🏛️ Yesterday, the U.S. government wallet also pulled off a big one.
Related to the Bitfinex hacker case: 12,267 BTC—worth roughly $1 billion—was moved in total.
But don’t jump to “the U.S. government transferred $1B BTC, so it’s going to dump” just yet—these coins are currently going to an unmarked wallet, not an exchange, and there’s no evidence they’ve been sold.
🌍 Things aren’t calm outside either.
Brent crude last night closed at $104.28, up about 4%. The U.S. 10-year yield has been fiddling around at high levels during the day—good thing the 30-year Treasury auction demand was solid; later the 10-year yield fell back to 5.227%.
At least the bond market didn’t keep hammering things to death. Now look at the positioning/positions in the book:
📊 BTC OI: 93.3k coins
📉 Yesterday it was about 95.8k coins, down roughly 2,470 BTC
🟢 Longs in ordinary accounts: 65.2%
🐋 Longs in large-holder positions: 62.2%
💰 Funding rate: +0.00177%
🔻 Recent 4H active buy/sell ratio: 0.93
If the price gets smashed down from 83k, the OI drops too—last night did indeed wipe out another chunk of leverage.
But the weird part is: the more it drops, the more longs there are.
Yesterday the long-account share was around 62%; today it’s already 65%.
80k is right in front—let’s see whether it can actually be broken through. #币安推出BinanceIntelligence
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.