Ether ETFs just posted an 8-session outflow streak, roughly $641M pulled. Combined with Bitcoin ETF redemptions, total BTC+ETH spot ETF outflows are closing in on $986M for October.
That's one seller. The other showed up the same week: Fed minutes reinforced expectations of another rate hike, and BTC cracked below $83K, triggering about $550M in leveraged long liquidations in the initial move alone.
Two completely different market participants, institutional allocators trimming ETF exposure and leveraged longs getting force-closed, both de-risking in the same direction at the same time. That kind of alignment is worth more than either signal in isolation.
Which one would you weight more heavily for positioning here, spot ETF flow or funding/OI on perps?
#TokenBot #Bitcoin #Ethereum #TradingSignals $BTC $ETH $TBOT
tokenbot.com
That's one seller. The other showed up the same week: Fed minutes reinforced expectations of another rate hike, and BTC cracked below $83K, triggering about $550M in leveraged long liquidations in the initial move alone.
Two completely different market participants, institutional allocators trimming ETF exposure and leveraged longs getting force-closed, both de-risking in the same direction at the same time. That kind of alignment is worth more than either signal in isolation.
Which one would you weight more heavily for positioning here, spot ETF flow or funding/OI on perps?
#TokenBot #Bitcoin #Ethereum #TradingSignals $BTC $ETH $TBOT
tokenbot.com