Net capital outflow of $63B in 2026? That's the realized cap talking.
If this holds, we're looking at distribution phase vibes. Institutions rotating out? Retail exhausted? Or just consolidation before the next leg.
Watch realized cap closely. When inflows flip positive again, that's your signal.
$BTC
If this holds, we're looking at distribution phase vibes. Institutions rotating out? Retail exhausted? Or just consolidation before the next leg.
Watch realized cap closely. When inflows flip positive again, that's your signal.
$BTC