JPMorgan tracked ~$57B net inflows into crypto this year. That's real capital, not projections.
Q4 showing strength from ETF + futures flows, but miners still net sellers. They also changed their methodology mid-year, so YoY comps are messy.
This is cumulative realized flow — not a price prediction. No one's calling tops or bottoms here.
Q4 liquidity question: bullish continuation or distribution zone?
Q4 showing strength from ETF + futures flows, but miners still net sellers. They also changed their methodology mid-year, so YoY comps are messy.
This is cumulative realized flow — not a price prediction. No one's calling tops or bottoms here.
Q4 liquidity question: bullish continuation or distribution zone?