Daily Note · 26 Apr: Flows Moving, Attention Elsewhere
Institutional flows continued accumulating in both Bitcoin and XRP over the last 24 hours - quietly, against a backdrop of bearish derivatives sentiment and almost no retail attention.
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Institutional flows continued accumulating in both Bitcoin and XRP over the last 24 hours - quietly, against a backdrop of bearish derivatives sentiment and almost no retail attention.
Bitcoin ETFs absorbed $1.9 billion over seven days while Aave lost $15 billion in three. The last 24 hours didn't produce a single market - it produced two, running in opposite directions.
The discipline of sitting out