glassnode: BTC selling pressure has eased, institutional demand remains in the exploratory phase
Foresight News reported that glassnode released data showing that bitcoin spot ETF capital flows have stabilized after continuous outflows. The 14-day net inflow trend has turned upward, indicating that as BTC breaks through $70,000, selling pressure has eased. Institutional demand remains in the exploratory phase, but early signs of re-accumulation are emerging.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chinese Yuan: Consolidation with downside risk toward 6.7330 – UOB
New York Late Money Rates from The Wall Street Journal
PayPal Holdings Inc. Stock Rises 4.6%, Outperforms Peers
