Despite BTC being -36% from all-time highs, cumulative inflows into US spot Bitcoin ETFs are only -9% from their all-time highs. Onchain whales may be selling, but brokerage account holders and institutions have remained remarkable steadfast during this bitcoin drawdown.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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