On September 11, bitcoin:native spot ETF total holdings fell to 1,263,697.76 BTC, with a net decrease of 875.40 BTC for the day, marking a net outflow for the third consecutive effective trading day. Over the last 7 effective trading days, there is still a cumulative net increase of 6,252.66 BTC, and since September, there has been a cumulative increase of 5,698.52 BTC, so the cyclical data has not yet turned negative.

BTC currently seems to have entered a phase of stable high-level holdings, but the influx of new funds is weakening. Total holdings remain above 1.26 million BTC, and there has still been a net increase in the last 7 days, but three consecutive days of outflows have significantly reduced the previous advantage.

If the outflow can continue to narrow and turn positive again, there should be no major issues. However, if another single-day reduction of two or three thousand BTC occurs, the cumulative net inflow from the last 7 days and since September could easily be wiped out.

@Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFD, one-stop trading for prediction markets

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。