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Don't remind me again today

A senior ETF analyst from Bloomberg threw out a rather interesting set of data - the Bitcoin Spot ETF surprisingly continued to attract investment yesterday.



What's even more exaggerated is that this round of market fluctuations has dropped nearly 20% from its high, yet the outflow from the ETF has been less than 1 billion USD. Doing the math, it's clear: 99.5% of the money hasn't moved at all and is still lying dormant in the ETF.

What does this indicate? The ETF investors are not panicking at all; they are still holding on. So, the recent market selling pressure is likely not caused by the ETF holders, but rather by those short-term players in the market who are trading back and forth. The performance of the funds and the trading situation do not match up, and this kind of split is quite rare.
BTC1.83%
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SelfCustodyIssuesvip
· 11-08 05:08
The bottom-fishing opportunity is gone, haha.
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MetaDreamervip
· 11-08 05:07
suckers are still selling, and the old man is buying.
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RugPullAlertBotvip
· 11-08 04:51
Warning of small investors fleeing, while the big players lie flat and sleep.
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DaoGovernanceOfficervip
· 11-08 04:47
*sigh* data clearly shows institutional money knows better than degenerate traders
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