灰度gbtc资金流出趋势结束了吗？

🚨Is the four-year cycle of Bitcoin failing? Grayscale's major statement: The institutional era has completely rewritten the rules of the game!

Veteran players in the crypto space are collectively in shock 🤯 Grayscale's latest report directly overturns the long-standing principle of Bitcoin—once driven by halving, the 'four-year bull and bear cycle' is now completely failing!

💡 First, understand the core logic:
Bitcoin halves every four years (block rewards are cut in half), and in the early days, the price was driven up by 'decreased supply → scarcity premium' after halving in 2012, 2016, and 2020, all of which led to explosive growth 📈. However, the circulating supply is now close to 19 million coins (total of 21 million), and the supply shock from each halving is becoming weaker, no longer supporting a complete cycle!

🏦 Institutional entry is the key turning point:
Previously, retail speculation dominated, leading to explosive market conditions driven by chasing highs and cutting losses; now 67% of the market's funds come from institutions 💰. BlackRock's ETF, public company treasury, and pension funds are aggressively buying, with institutional net inflows exceeding $44.2 billion from 2024 to 2025, directly turning Bitcoin into a 'digital gold' level reserve asset.

This round of market dynamics has long shown signs:
✅ The upward trend is more controllable: unlike the past frenzied bull runs, it is a slow bull climb, aligning more with institutional long-term holding logic.
✅ Corrections are adjustments: a 30% pullback is not a bear market signal but a regular operation of institutions washing out in a bull market.
✅ Pricing power shift: Interest rate expectations (Federal Reserve policy), U.S. crypto regulations, and institutional allocation ratios are the key factors for the current price fluctuations.

📊 Three signals that professional investors must watch:

1. The halving effect is diminishing: stop waiting for the halving market; supply-demand logic has given way to capital logic.

2. Liquidity is king: Bitcoin balances on exchanges have hit a six-year low, and institutional lock-ups have reduced the available trading chips.

3. Regulation is the core variable: U.S. stablecoin legislation and ETF compliance pathways directly determine the scale of institutional capital inflows.

Retail investors need to change their strategies! Previously, it was about guessing cycles and betting on halving; now, it’s about macro insights and following institutions, focusing on RWA tokenization and compliant custody in these institutional tracks 🌍 Bitcoin is no longer a speculative toy for retail investors; it has become a financial infrastructure laid out by Wall Street ～#灰度GBTC资金流出趋势结束了吗？ $XRP

Surprising! Grayscale Assets' "Great Migration",
GBTC Plummets, Mini BTC Soars

Family, there’s been another major movement in the crypto space 📣

According to ChainCatcher reports, Farside Investors
monitoring data shows:
📉 Grayscale GBTC saw a net outflow of up to $49.9 million yesterday, with ETHE also seeing an outflow of $22.3 million, marking a significant "capital flight";
📈 Meanwhile, Grayscale Mini BTC had a net inflow of $11.9 million, and Mini ETH saw a net inflow of $3.1 million, becoming the new favorite for funds and showing outstanding performance.

This back-and-forth resembles an intense "capital tug of war" in cryptocurrency 💪 Is the market trend about to change, or are investors strategically positioning themselves? It's hard to grasp.

Welcome all experts to share their thoughts in the comments section, let’s discuss your views on this operation 🧐

#灰度GBTC资金流出趋势结束了吗？
#gbtc

According to LayerZero's official disclosure, this witch cleansing activity will be divided into three rounds.

The first round is the "self-exposure" stage, which will last for 14 days. Users who think they are suspected of being a witch can "expose themselves" through the window provided by LayerZero during this stage to retain 15% of the airdrop allocation.

It is worth mentioning that in order to facilitate the studio's "self-exposure", LayerZero also "thoughtfully" provides an API tool for large-scale submission of addresses.

The second stage is the "trial" stage. LayerZero officials will screen witches according to specific rules during this stage. The screening results will be announced on May 18, and the addresses found during this stage will not receive any airdrop allocation.

The third stage is the "mutual bite" stage, which will last from May 18 to May 31. LayerZero encourages community users to report witch behavior to each other. Successful reporters can obtain 10% of the airdrop share allocation of the reported address. #灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #BTC走势分析 #美联储何时降息？ #LayerZero $BTC $ETH $BNB

Have you ever met a type of person on the roadside, in a store, or even in a hospital parking lot? They are men and women, always looking exhausted, and they suddenly appear and greet you before you notice them.
But even if they have a warm smile on their faces, you can't stop your dissatisfaction with them, because their purpose is to sell you detergent.
If just selling detergents doesn't cause your dissatisfaction, then when they squat down to start polishing your shoes, I believe that in addition to disgust and fear, you will inevitably sigh in your heart: "Why bother?"
They are everywhere in the country, and the products and routines they sell are mostly similar. Who are these young and immature people? #AI板块强势进击 #美联储何时降息？ #美国4月非农就业人口增加不及预期 #灰度GBTC资金流出趋势结束了吗？ #5月市场关键事件 $BTC $ETH $BNB

Italian Defense Minister Guido Crosetto said economic sanctions against Russia have failed and called on the West to work harder to negotiate with Russian President Vladimir Putin to reach a diplomatic solution to end the war in Ukraine.
Reuters reported that Italian Defense Minister Guido Crosetto said in an interview with Il Messaggero on Monday (May 6) that the West mistakenly believed that sanctions could stop Russian aggression and overestimated the West's influence on the world economy.
Crosetto said: "The only way to resolve this crisis is to get everyone involved, first (achieve) a truce and then peace."#AI板块强势进击 #美联储何时降息？ #美国4月非农就业人口增加不及预期 #灰度GBTC资金流出趋势结束了吗？ #5月市场关键事件 $BTC $ETH $BNB

Grayscale BTC Position Change

January 2024 BTC Holdings 619,200 BTC
January 2025 BTC Holdings 205,400 BTC One year reduction of 66.8%
July 2025 Current Grayscale Holdings 184,200 BTC Overall reduction this year of 10.3%

Top Grayscale institutions are unloading rapidly, with a large outflow of GBTC holdings. Is the bull market really over?

#BTC #灰度GBTC资金流出趋势结束了吗？

#面包猫 #inbred
The on-chain market has also opened. Brothers, take a look at this cat on the sol chain. This cat has a market value of 500,000 and was born in 2012. The market opened on January 28, and the dev ran away the next day. It was dead for several months, and then it was taken over by Twitter @Diamond_BallzZ on March 9, and a new website, Twitter and Telegram were set up. And the construction of cx is maintained every day. The price is very stable. There are many projects that have run away, so why choose Breadcat, which has Twitter and an official website, and is very hardworking. If you learn more about it, you will find that Breadcat is easy to like and accept. The IP has a historical sedimentation, it is also a cat, and it has performance art. In addition, there is an episode in the cartoon South Park (American Pleasant Goat) that uses Breadcat as the protagonist. Now the Chinese community follows the foreigners to build, and they will get rich in the bull market! EjzzyCSiLqjFDprpZj8e1zjXmcTG5HPGFRSEoWcJWHh9#灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #美联储何时降息？

The more effective education is, the more it distorts human nature, and the more elite it is, the less it resembles the elite#AI板块强势进击 #美联储何时降息？ #美国4月非农就业人口增加不及预期 #灰度GBTC资金流出趋势结束了吗？ #5月市场关键事件 $BTC $ETH $BNB

Musk milks Dogecoin, Musk mother milks Tesla, both are great people #灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #BTC走势分析 #美联储何时降息？ #5月市场关键事件 $BTC $ETH $BNB

After reading it carefully, I feel that although there is a lot of content, the old man's views on investment can be summarized into ten sentences:
⒈ The old man seems to think that the current price of financial assets is too high, and Berkshire is temporarily unwilling to hold a large number of stocks. Compared with US stocks, he seems to be more optimistic about US bonds.
⒉ Insist on holding Apple, Coca-Cola and American Express stocks.
⒊ Firmly optimistic about US assets.
⒋ In addition to US assets, optimistic about Japanese assets.
⒌ Not so eager to pay attention to the changes that climate change may bring to the financial insurance industry.
⒍ Not keen on investing in new energy or new energy vehicle industries.
⒎ Shareholders first.
⒏ Admit that the investment logic of the entertainment and film and television industry has been subverted.
⒐ Liquidity first.
⒑ I think AI will bring huge changes, but I am no longer so concerned about this "future". #灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #BTC走势分析 #美联储何时降息？ #5月市场关键事件 $BTC $ETH $BNB Source (xs)

Russia said on Monday (May 6) that it would hold a military exercise that would include practice with the use of tactical nuclear weapons following provocative threats from Western officials.
Reuters reported that the Russian Defense Ministry said the exercise, ordered by President Vladimir Putin, would test the readiness of non-strategic nuclear forces to carry out combat missions.
The Defense Ministry said the military exercise would include practice in the preparation and deployment of non-strategic nuclear weapons. Missile formations and naval forces of the Southern Military District would participate. #AI板块强势进击 #美联储何时降息？ #美国4月非农就业人口增加不及预期 #灰度GBTC资金流出趋势结束了吗？ #5月市场关键事件 $BTC $ETH $BNB

(Washington) According to US media reports, US President Biden awarded the "Presidential Medal of Freedom", the highest honor for American civilians, to 19 people at the White House on May 3rd local time. The winners included Oscar-winning actress Michelle Yeoh.
However, according to the British Daily Mail, when presenting the award to Michelle Yeoh, Biden mistakenly called her "Michael" at first, but quickly corrected himself and said the correct name "Michelle". Some netizens complained about this on social media.
The 19 winners also include people in the fields of culture and sports, including seven-time Olympic gold medalist swimmer Katie Ledecky and the first Spanish woman to go to space, Ellen Ochoa.
Some comments pointed out that the list of winners presented in the presidential election year is politically charged, and the winners include many veteran Democratic Party members, such as former US House Speaker Nancy Pelosi, former Vice President Al Gore, former Secretary of State John Kerry, and former New York City Mayor Michael Bloomberg. Biden, who is seeking re-election, will face former Republican President Donald Trump again in the November presidential election and is facing a tough battle. #灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #BTC走势分析 #美联储何时降息？ #5月市场关键事件 $ETH $ETH $BNB

Gray sold 6344 BTC in a month, so awesome!!!
#灰度GBTC资金流出趋势结束了吗？ #灰度基金

Minimum upside target of $BNB 874 or about 50% increase from here.
Minimum if we count the whole #BNB price action as a large correction.
IF we were to count as impulsive, which IS possible, then the upside potential would be MUCH greater. Target 50% and hope for more imo (x)#灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #BTC走势分析 #美联储何时降息？ #5月市场关键事件 $BTC $BNB

"Killing Birds" Hunting Job-Seeking Moms

A complete round of killing birds is divided into four steps: luring birds, feeding birds, intoxicating birds, and killing birds. A legal education video released by the Supreme People's Procuratorate in 2023 disassembled the scammers' work notes.

In the scammers' jargon, the victims who are tempted by "brushing orders and rebates" when looking for jobs are called "birds", which means birds in cages, targeting people who live at home for a long time and are eager to make money without leaving home.

Full-time moms are the best candidates. "Online job hunting: 9 am to 4 pm, weekends off, flexible leave, no overtime." On social networks, you can see them holding their ID cards to shoot such videos, without mentioning the expected industry, salary, and work content. Personal choices are first limited by time, and they cannot delay housework and childcare. Out of self-mockery, a sentence will be added at the end of the video: It doesn't matter if no one contacts me, after all, the company is recruiting workers, not lacking ancestors. The scammers understand their plight. Whether doing handicrafts, being a fitter, applying for a customer service position, taking a professional qualification exam, or taking a livestreaming training course, there is always a special bird-catching net that can catch the secret desires of mothers. #灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #BTC走势分析 #美联储何时降息？ #5月市场关键事件 $BTC $ETH $BNB

Russia's Interior Ministry database shows that Russia has included Ukrainian President Zelensky on the wanted list.
AFP reported that Zelensky was included in the "wanted criminals" list by the Russian Interior Ministry, saying that Zelensky was wanted "under a certain article of the criminal code", but did not provide further details.
Russian officials did not immediately comment on why Zelensky was included in the list. #灰度GBTC资金流出趋势结束了吗？ #美国4月非农就业人口增加不及预期 #BTC走势分析 #美联储何时降息？ #5月市场关键事件 $BTC $ETH $BNB

Why liquidation map?

1. Price trends are often attracted by dense liquidation clusters
The liquidation map is a chart formed by combining the liquidation points and amounts of domestic and foreign top exchanges such as Binance, OK, bitmex, bitfinex, bybit, etc.
Based on this chart, as retail investors, we can set the stop-profit and stop-loss positions more scientifically and reasonably. Under normal circumstances (oscillation), when the liquidation is triggered, it will inevitably cause a small-level pause and callback. At this time, those who open reverse floating loss orders can consider adding positions near the liquidation to get rid of the position. For positive profits, you can consider closing positions near the liquidation

2. The green arrow on the liquidation map is the current price. The left side of the current price is the long order liquidation price (with a price mark at the bottom), and the right side is the short order liquidation price. The height represents the amount.

3. Liquidation tends to mark local tops and bottoms
In oscillating markets, there are dense chips on that side, so it will explode there
Refer to the liquidation order (picking up the bodies of those who have been liquidated) and set stop-profit and stop-loss (your own stop-loss price must at least exceed the price of most people's liquidation)#灰度GBTC资金流出趋势结束了吗？