
Phyrex|Aug 25, 2025 17:56
I originally thought Friday's data would be pretty good. After all, on Friday, following Powell's speech, BTC's price briefly broke above $117,000. But now, looking at Friday's ETF data, although there was only a slight net outflow, it's rare to see that apart from BlackRock investors showing a net outflow, there were no net outflows from others. However, the change in data volume is small, which still indicates that most investors are not bearish on Bitcoin.
Looking at the data from Week 84, investor buying sentiment wasn’t great. Compared to the net inflow of over 5,000 BTC in Week 83, Week 84 saw a total net outflow of over 10,000 BTC. The largest outflow came from BlackRock investors, with 5,359 BTC flowing out, followed by Fidelity investors, who saw an outflow of around 2,500 BTC.
Let me emphasize again, BTC's price is being maintained more due to reduced selling. But now, with purchasing power decreasing and selling increasing, there is indeed some pressure on BTC's price.
This post is sponsored by Bitget | @Bitget_zh
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