1、US Stock BTC-ETF Data
This week, the total funds of US Stock BTC-ETF continued to flow in, reaching a total inflow of $447 million, a significant decrease compared to $2.174 billion during the same period last week.
After an inflow of up to $638 million on December 16, the inflow of funds has continued to decline, with two consecutive days of outflows on the 19th and 20th.
The reason for this inflow and outflow of funds is, on one hand, Bitcoin surged to around $110,000, leading to short-term profit-taking; on the other hand, with Christmas and New Year approaching, funds in the market are also withdrawing.
2、24-Hour Liquidation Amount Data Using the liquidation data at midnight Beijing time every day for statistics. From the chart, we can see that when Bitcoin experienced significant price fluctuations from December 18 to 20, the total liquidation amount across the network was also large, with three consecutive days recording high liquidation amounts of $671 million, $981 million, and $848 million. The size of the total liquidation amount across the network shows a certain positive correlation with Bitcoin's price fluctuations. Market investors should use futures and leverage wisely, act cautiously, and control risks.
3、Total BTC Contract Open Interest Across the Network The current total open interest across the network has reached $68.966 billion, a decrease of $1.034 billion compared to $70.007 billion during the same period last week.
Among them, the CME (Chicago Mercantile Exchange) open interest reached $19.671 billion, a decrease of 6.16% over the past seven days.
Bitget exchange's open interest reached $13.695 billion, an increase of 2.4% over the past seven days.
Binance exchange's open interest reached $11.964 billion, a decrease of 5.8% over the past seven days.
After two consecutive weeks of increasing open interest, the total contracts across the network have shown a decline. The drop in Bitcoin's price has led to a market downturn, liquidating a large number of contract positions. Investors need to remain rational and manage their positions and leverage well.
4、Exchange Bitcoin Balances
From the chart below, we can see that the Bitcoin balances on exchanges have continued to flow out over the past seven days. The exchange with the largest outflow is Coinbase Pro, which saw an outflow of 16,671.56 BTC last week and 14,258.56 BTC this week.
This week, the total outflow of Bitcoin is 15,712.93 BTC, compared to 36,929.86 BTC last week. The BTC balance in exchange wallets has decreased from 2,255,600 BTC last week to 2,239,300 BTC this week, a year-on-year decrease of 16,300 BTC.
Bitcoin buyers choose to store Bitcoin in wallets rather than on exchanges, partly for medium- to long-term holding and partly to engage in on-chain interactions for new projects to gain greater profits.
5、Bitcoin Market Cap Proportion
This week, Bitcoin's price experienced significant fluctuations, starting to decline from the high point of around $110,000. The market cap proportion increased from 55.67% last week to the current 57.76%.
This indicates that the decline in Bitcoin has led to a decline in altcoins, while altcoins have amplified the downward trend, further reducing the market cap of altcoins and driving up the market cap proportion of Bitcoin.
6、Greed and Fear Index
This week, the fear and greed index has not fluctuated significantly compared to the same period last week, remaining around 80.
This week, the index reached a high of 87 and a low of 73, still within a relatively greedy range. The overall price decline in the market has not triggered significant panic among investors. Investors need to remain rational and manage investment risks well.
