🔥ATTENTION🔥
ETFs ARE ABSORBING MORE #BITCOIN AND #ETHEREUM THAN WHAT IS ISSUED EACH WEEK
🔹In the last 7 days:
▪️ETFs bought +3,170 $BTC
▪️Miners only issued 3,150 $BTC
➡️They absorbed more than 100% of the new supply
▪️With Ethereum, it was even more aggressive:
▪️They bought +67,500 $ETH
▪️Only 18,500 $ETH were issued
➡️That is 3.6 times more than what was issued
💸 Despite that… prices remain flat/falling
What would this mean⁉️
📍It is not a demand problem.
📍It is a signal of redistribution: weak hands selling to strong hands.
📍Institutional flows are present, but the market is still not reacting.
#BTCVSGOLD #ETHBreaksATH #bitcoin #Ethereum
BTC
86,530.95
-0.86%
ETH
2,828.52
-4.08%