Does this mean that there will be fewer cases of using news to crash the market in the future? But aren't retail investors the most susceptible to macro news?
Matrixport: Bitcoin buying has shifted from institutions to retail investors, which will reduce dependence on macro data
Matrixport released its latest report: "The spot Bitcoin ETF ended a week of trading with an inflow of $310 million last Friday, the highest level in more than a month. Previously, ETF fund flows were closely related to inflation data, and last week's CPI data was weaker than expected, and ETF funds may continue to flow in.
It is worth noting that institutional buying, which was initially driven by high arbitrage opportunities, has shifted to retail investors who are less sensitive to stop losses. This shift may allow buying activities to last longer, thereby reducing dependence on macroeconomic data."
