Plot twist: 643.2 million in Bitcoin ETF outflows hit Friday’s session, the first full trading day after Binance’s 6.4 billion hack.
$BTC didn’t even flinch. It’s sitting at $78,017, up 0.48% on the day. Spot bids absorbed all that ETF selling pressure, no panic dump in sight. That’s nearly 70% of October’s total 516 million net outflow, for what it’s worth.
For position management, keep core positions light, no overleveraging here. Hold 30% cash for dips if FUD from the hack spills over to broader market sentiment. Chasing this small green candle is for degens who enjoy getting rekt, not for sane traders.
#Write2Earn #BinanceSquare #BTC #ETF #HalloweenPumpkinFrenzy
$BTC didn’t even flinch. It’s sitting at $78,017, up 0.48% on the day. Spot bids absorbed all that ETF selling pressure, no panic dump in sight. That’s nearly 70% of October’s total 516 million net outflow, for what it’s worth.
For position management, keep core positions light, no overleveraging here. Hold 30% cash for dips if FUD from the hack spills over to broader market sentiment. Chasing this small green candle is for degens who enjoy getting rekt, not for sane traders.
#Write2Earn #BinanceSquare #BTC #ETF #HalloweenPumpkinFrenzy
