There is a website tracking the German Bitcoin losses in real time:
https://lnkd.in/eU_icc8x Source: Carl B Menger on X
Bitcoin has decoupled from its strong correlation with tech overall in the last two weeks...
Source: Bloomberg, zerohedge
NEW:US Spot Bitcoin ETFs hit $16 billion inflows 🚀
Source: Bitcoin Magazine
Speakers at the Bitcoin 2024 Conference in Nashville US
- Donald Trump - Robert F. Kennedy Jr. - Cathie Wood - Michael Saylor - Edward Snowden - Vivek Ramaswamy Source: Bitcoin Magazine
Even just combining the 80 companies found manually in SEC filings accounts for 17% of the total bitcoin ETF holdings.
While not all can be considered institutional investors, significant numbers are included - e.g Millenium, Susquehanna, Horizon Kinetics, Jane Street Group, Schonfeld, Morgan Stanley, Point72, Farallon, tc. Viewing ETF inflows solely as retail contributions seems inappropriate. Source: Ki Young Ju
Bitcoin rebounds to $58k after ETF investors bought the dip...
Inflows into Bitcoin spot ETF surged near $300M Source: www.zerohedge.com, Bloomberg
JUST IN: On-chain data confirms this is the second-largest liquidation event in Bitcoin's entire history, right after the FTX collapse in November 2022.
This comes amidst news that Germany is selling $3.5B worth of seized $BTC, and Mt. Gox begins paying back $8.5B to creditors, with the majority expected to be sold. Source: WhaleWire on X
Bitcoin miner capitulation has reached levels comparable to December 2022: 7.6% drawdown.
December 2022 marked the cycle bottom after the FTX collapse. Source: Julio Moreno, Cryptoquant
