Spot Bitcoin ETF inflows have plummeted over 90%, dropping from $3 billion to just $228 million in four weeks. While historical data suggests that strong ETF inflows correlate with Bitcoin price rallies, recent trends indicate that price movements can also occur independently of these inflows. Despite the current short-term selling pressure, indicated by whales offloading BTC between $105,000 and $100,000, long-term buying by BTC whales suggests a potential continuation of the upward trend. Recent analysis shows that whales are taking fewer profits during this surge than in past rallies, indicating a bullish outlook. The declining ETF inflows lean bearish, hinting at possible price corrections, yet ongoing whale activity may counteract this, hinting at a bullish market trend ahead.

Source 🔗