After nearly 2 weeks, 1.2B$ $BTC was sold from ETFs, with the specific culprit being #Grayscale and friends.
- Immediately after that, we have witnessed an extremely weak buying worth 52m$ $BTC :))) equivalent to 4.4% of the amount of $BTC value that was sold.
- In general, the structural funds in the second quarter sold too deeply, making people depressed in the past few days. Hopefully, the third quarter, which is still a few days away from landing, will be more positive than now.
