QCP analysis indicates that BTC's rebound after the Fed's Jackson Hole annual meeting quickly retreated, with one early holder selling approximately 24,000 BTC (approximately $2.7 billion) during a period of low liquidity on Sunday, triggering approximately $500 million in liquidations. Meanwhile, ETH hit a new high, with ETH/BTC exceeding 0.04, and BTC's market share fell to approximately 57%. Over the past six trading days, BTC ETFs have seen net outflows of approximately $1.2 billion, while institutional funds have continued to flow into ETH.
QCP: BTC rebounded briefly before falling back, ETH/BTC rose above 0.04
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