Wednesday: Bitcoin ETFs pulled in $528.4 million.
Thursday: $635.6 million went back out.
That’s a $1.16 BILLION swing in daily net flows.
One day the door says WELCOME. The next day it says EXIT. 😂
Does this mean Bitcoin is doomed? Nope.
Does every green candle deserve a victory parade? Also nope.
I’m watching whether ETF flows stabilize before jumping to conclusions.
What are you watching more closely right now — ETF flows or the price chart? #eth $ETH
Thursday: $635.6 million went back out.
That’s a $1.16 BILLION swing in daily net flows.
One day the door says WELCOME. The next day it says EXIT. 😂
Does this mean Bitcoin is doomed? Nope.
Does every green candle deserve a victory parade? Also nope.
I’m watching whether ETF flows stabilize before jumping to conclusions.
What are you watching more closely right now — ETF flows or the price chart? #eth $ETH