🔍 Aggregate spot CVD is climbing while perp CVD lags; institutional accumulation is being masked. Aggregate Spot CVD shows consistent accumulation since the 13th, while Aggregate Perp CVD has been flat or negative since the 14th. This divergence, highlighted by negative deltas on specific perps like FinexPerp, signals futures selling suppressing spot buying. Watching for volume extremes and perp OI decline to confirm potential liquidation absorption. My thesis breaks if Aggregate Spot CVD turns negative and aligns with perps. I'm monitoring Aggregate Spot CVD acceleration for a genuine breakout signal. BTC(TheKingfisher)