Bloodbath! Nearly $1 billion in capital flees, $ETH suffers eight straight losses—is the bull market over, or is this a golden buying opportunity?
Capital flows never lie. They are always the most ruthless warning of a price shock to come. According to Farside, U.S. spot BTC and ETH ETFs saw combined net outflows of as much as $986.3 million in October, as liquidity is quietly being drained from the market.
BTC suffered $244.1 million in outflows in a single day, its largest daily outflow since June 25. ETH fared even worse, posting eight consecutive losing days and seeing $641.3 million flow out since September 29. Behind these alarming figures is Wall Street’s defensive positioning and profit-taking amid macroeconomic uncertainty.
Bitcoin plunged as low as $80,427 before rebounding to $82,506, but the weakness in fund flows is unmistakable. Short-term pain doesn’t signal a reversal of the long-term trend. The major players’ intent to use the news to aggressively shake out the market and flush out weak hands is plain to see.
Is $80,427 a firm interim bottom or just a pause before further declines? Follow A-Yan, and I’ll help you uncover the major players’ cards! #以太坊升破2500美元 #Solana计划将出块时间缩至200毫秒 #比特币重复使用地址持有433万枚BTC
Capital flows never lie. They are always the most ruthless warning of a price shock to come. According to Farside, U.S. spot BTC and ETH ETFs saw combined net outflows of as much as $986.3 million in October, as liquidity is quietly being drained from the market.
BTC suffered $244.1 million in outflows in a single day, its largest daily outflow since June 25. ETH fared even worse, posting eight consecutive losing days and seeing $641.3 million flow out since September 29. Behind these alarming figures is Wall Street’s defensive positioning and profit-taking amid macroeconomic uncertainty.
Bitcoin plunged as low as $80,427 before rebounding to $82,506, but the weakness in fund flows is unmistakable. Short-term pain doesn’t signal a reversal of the long-term trend. The major players’ intent to use the news to aggressively shake out the market and flush out weak hands is plain to see.
Is $80,427 a firm interim bottom or just a pause before further declines? Follow A-Yan, and I’ll help you uncover the major players’ cards! #以太坊升破2500美元 #Solana计划将出块时间缩至200毫秒 #比特币重复使用地址持有433万枚BTC