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Phyrex|Jan 24, 2025 17:04
As mentioned earlier, the data for ETH yesterday was not very good, with a net outflow situation. Although BTC did not suffer so badly, it was still able to maintain a net inflow, but the inflow was not large, mainly due to risk aversion. Therefore, in the news I just saw, there was a large inflow of funds into BTC's spot ETF, so today's data should be very FOMO.
Yesterday, BlackRock received less than 1500 BTC, while Bitwise received around 400 BTC. The rest can be ignored. In terms of selling, Grayscale GBTC and Jingshun sold a total of more than 500 BTC, which is not a large quantity.
This also indicates that investors have a strong bullish sentiment towards the future. Yesterday's consecutive positive news mainly affected BTC, so for BTC holders, it is very likely to emerge from a long-term bull market, but for cryptocurrencies other than BTC or ETH, it may not be as friendly.
Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit? usp=sharing
This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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