On March 26, crypto market analyst Axel released the latest report saying that in the past 30 days (February 24 to March 25), Bitcoin ETFs (US and others) had a cumulative net inflow of 62,986 BTC (approximately $11.30 billion), with total holdings reaching 1.327 #million #BTC .
During the same period, short-term holders continued to realize losses on exchanges, with the average daily inflow on the loss side reaching 15,500 BTC. Axel pointed out that the current institutional buying has exceeded the retail selling pressure, providing #support for the price, but the market presents a differentiated pattern - short-term participants are still selling at a loss, while #ETF funds are gradually absorbing the supply.
To continue the upward #momentum , the price needs to stand above $70,000.00 and ETF fund inflows need to remain positive.
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