🇺🇸 US ETFs accumulate 4,900#Bitcoinon 12/26
Bitcoin ETFs continue to strengthen their positions, with an impressive purchase of 4,900 BTC in a single day. This move highlights the continued appetite for exposure to the digital asset, especially from institutional investors.
🤔 Who is selling?
Short-term holders: Investors looking to take profits after recent rallies may be taking advantage of this to sell.
Miners: Miners often sell part of their reserves to cover operating costs.
Whales redistributing: Large holders may be moving their positions to rebalance portfolios or access liquidity.
📊 Market impact:
Despite the sell-off, the volume of purchases by ETFs reflects a growing interest in Bitcoin as an institutional asset class. With consistent net inflows, there is potential to strengthen price support in the medium term.
💡 Conclusion: The dynamics between institutional buyers and sellers continue to shape the market. Those who are buying now are betting on the long term — are you?
#Bitcoin#Cryptocurrencies #ETFs