No buying from institutions since last week, but BTC is still not stopping.
Friday saw the first significant net outflow day at -$139.6M, mainly due to another large outflow from $GBTC at -$492.4M.
Mainly volume coming from perps vs spots, be cautious after the BTC ATH lvls.
Friday saw the first significant net outflow day at -$139.6M, mainly due to another large outflow from $GBTC at -$492.4M.
Mainly volume coming from perps vs spots, be cautious after the BTC ATH lvls.
Grayscale Dumps are slowing, while BlackRock and Fidelity dominate with $824.69M inflow. BTC ETF saw $562.74M inflow (1-week high) >, boosting BTC price past $68K.
Market wiping the memetic volume,
Meme coin volume still did not exceed previous highs. The cumulative daily volume average in previous runs was in the range of $800 million to $1 billion. Currently, it's $400 million on a daily basis. Each spike marked the local top in BTC, as it did this time as well [graph attached].
Top performers will continue to perform well.
Meme coin volume still did not exceed previous highs. The cumulative daily volume average in previous runs was in the range of $800 million to $1 billion. Currently, it's $400 million on a daily basis. Each spike marked the local top in BTC, as it did this time as well [graph attached].
Top performers will continue to perform well.
Alpha
BID whatever showing hands, performance
Memes are up 30-45% from yesterday's dip.
Binance listings usually do very well [another ATH for WIF soon].
ETH outperforming BTC » ch2
Binance listings usually do very well [another ATH for WIF soon].
ETH outperforming BTC » ch2
Alpha
BID whatever showing hands, performance
BTC ~ $70000 [hit $64000 dip]
ETH ~ $4000 [hit $3400 dip]
WIF ~ $$2.40 [hit $1.20dip]
[SOL/RNDR/PEPE top performers continued to perform well]
ETH ~ $4000 [hit $3400 dip]
WIF ~ $$2.40 [hit $1.20dip]
[SOL/RNDR/PEPE top performers continued to perform well]
Alpha
image_2024-02-27_17-39-37.png
Coinbase bidding happened weeks ago. Alert above [coinbase listings]^
In the next few quarters, billions of $ will flow into crypto, especially memes/AI/tech/meta.
Solana crossed Ethereum's volume in DEX trading in the last 24 hours ($2.57b vs. $2.30b).
Pantera is buying all locked Solana from FTX, removing all the sell pressure.
New Polfi tokens are being launched on the Solana chain, which is seeing high activity due to cheap gas costs and swaps.
$SOL to hit three-digit fig, $200.
Solana crossed Ethereum's volume in DEX trading in the last 24 hours ($2.57b vs. $2.30b).
Pantera is buying all locked Solana from FTX, removing all the sell pressure.
New Polfi tokens are being launched on the Solana chain, which is seeing high activity due to cheap gas costs and swaps.
$SOL to hit three-digit fig, $200.
Markets heading towards elections, memes are indicators of elections, celebrity popularity, viral brands, and publicity stunts, etc.
90% of the new coins being launched on Solana are meme coins being bought/speculate/bet ahead of elections.
most of this activity is being done by new traders with fresh money, no footprints, no records, fresh wallets and buying coins in millions, ending up with big chunks at the end.
90% of the new coins being launched on Solana are meme coins being bought/speculate/bet ahead of elections.
most of this activity is being done by new traders with fresh money, no footprints, no records, fresh wallets and buying coins in millions, ending up with big chunks at the end.