🤔 Are retail traders selling $BTC to buy into the rumored SpaceX IPO?
Despite the recent market weakness, current data doesn’t support a major rotation from crypto into cash. Stablecoin activity remains relatively normal, suggesting that retail investors aren’t rushing for the exits.
Most of the visible selling pressure appears to be coming from ETF redemptions rather than direct spot exchange selling. That points more toward institutional repositioning than widespread retail panic.
The bigger picture should become clearer once platforms like Robinhood and Coinbase release updated retail flow data. Until then, the narrative of crypto investors dumping $BTC to chase SpaceX remains speculation rather than fact.
📊 What’s your take? Is capital rotating out of crypto or is this just another market narrative?
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