I really don’t know what to say anymore. Is this world running on a delay or something? On Monday, the price was clearly rising nicely, but the BTC spot ETF data showed net outflows instead. Then on Tuesday, the price started dropping, and suddenly the spot ETF data showed net inflows—and the inflow volume wasn’t bad either. Have people evolved from chasing highs and selling lows to bottom fishing? From a god’s-eye view, Wednesday’s price action doesn’t look great either. Wonder if this bottom-fishing trend will continue. Recently, the most active players have been BlackRock and Fidelity, with ARK occasionally joining the mix. Especially BlackRock—their holdings are quickly approaching 800,000 Bitcoin in reserves. Fidelity’s total reserves aren’t far off from Grayscale’s either, which might explain why MSTR has been cooling off lately. Sponsored by @Bitget｜Save the most on fees, grab the best rewards, become a VIP—head to Bitget!