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The first cash flow was recorded after 11 weeks ⁉️
🔻 According to CoinShares, digital asset investment products saw outflows worth $16 million, ending the previous 11 consecutive weeks of inflows.
🔻 Many signs of doing nothing. $BTC proves worth around $33M when $ETH and $AVAX are - $4.3M and - $1M respectively.
🔻 However, there are still many Altcoins recording inflows such as Solana (+ $10.6M), Cardano (+ $3M) and XRP (+ $2.7M).
🔻 $BTC is showing signs of recovery after a few consecutive days, a few Altcoins are also being pegged while others are being reintroduced.
With $BTC and many Altcoins experiencing strong dumps yesterday, is this the final wave of $BTC before the Bitcoin ETF is approved?
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
