It's normal for the data on Friday to be slightly poor.

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Phyrex
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4 hours ago

It's normal for Friday's data to be slightly poor, as the speech by Williams only came in the evening, and it took some time for the effects to materialize. Although there was a decent net buying from a funding perspective, the actual data from the official website shows that there was still a net outflow overall on Friday, but the outflow amount has decreased significantly. Investors from Grayscale and BlackRock remain the main sellers.

From the weekly data perspective, over 16,000 $BTC were sold in week 97, which is a significant increase compared to 11,000 in week 96. Investor sentiment throughout the week was still quite poor. If it weren't for Williams' speech, the situation might not have improved at all, indicating that the Federal Reserve's monetary policy is still dominating the current market conditions.

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