
Phyrex|Apr 24, 2025 16:54
The purchasing power of Bitcoin spot ETFs has been increasing recently. Although the buying volume was good yesterday, it still did not exceed 10000 BTC. As a result, the data released today shows that the net buying of US investors within 24 hours has reached 10654 BTC, which is not much different from the peak at the end of December. Especially BlackRock bought 6886 BTC at once, and Fidelity and ARK have both exceeded four digit net inflows.
The only one sold was Bitwise, which only sold 164 units. The FOMO sentiment of buying has gradually increased, which is quite interesting to think about. Every time in the homework, it is said that $83000 and $93000 are good supports, but for a long time, investors in spot ETFs bought very little at $83000, and the buying volume increased significantly at $93000.
After the BTC price exceeded $90000, there were more purchases in the three days compared to the previous month. If we didn't record the data of spot ETFs every day, who would believe it? $83000 is too expensive, and $93000 was bought in large quantities.
Of course, I may not be right, but I still believe that the current situation is a rebound, not a reversal.
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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