Fund flows in the derivatives market are clearly diverging, with short-term and long-term money moving in opposite directions.
BTC: Net inflows of +$604 million over 24 hours, but net outflows of -$109 million over 1 hour. Cumulative net outflows over 30 days stand at -$4.731 billion. Short-term money is moving back and forth, while mid-term positions are still being unwound.
ETH: Net inflows of +$71.8 million over 24 hours, but net outflows of -$5.367 billion over 30 days. The buying pressure is insufficient to make up for the outflows.
SOL: Net inflows of +$48.21 million over 24 hours, but net outflows of -$1.994 billion over 30 days—so far, this is only a tentative return of capital.
ZEC: Net inflows of +$29.57 million over 24 hours and +$94.12 million over 30 days. It is the only one of the four with long-term net inflows, showing notable resilience in a downturn.
Conclusion: Fund flows are clearly divided. Net inflows should be considered alongside price action and open interest; looking at the numbers alone can be misleading. CPI is likely to be a short-term catalyst for market direction.
#比特币 #以太坊 #ZEC
BTC: Net inflows of +$604 million over 24 hours, but net outflows of -$109 million over 1 hour. Cumulative net outflows over 30 days stand at -$4.731 billion. Short-term money is moving back and forth, while mid-term positions are still being unwound.
ETH: Net inflows of +$71.8 million over 24 hours, but net outflows of -$5.367 billion over 30 days. The buying pressure is insufficient to make up for the outflows.
SOL: Net inflows of +$48.21 million over 24 hours, but net outflows of -$1.994 billion over 30 days—so far, this is only a tentative return of capital.
ZEC: Net inflows of +$29.57 million over 24 hours and +$94.12 million over 30 days. It is the only one of the four with long-term net inflows, showing notable resilience in a downturn.
Conclusion: Fund flows are clearly divided. Net inflows should be considered alongside price action and open interest; looking at the numbers alone can be misleading. CPI is likely to be a short-term catalyst for market direction.
#比特币 #以太坊 #ZEC