Daan Crypto Trades
Daan Crypto Trades|May 30, 2025 08:30
BTC Spot inflows went negative for the first time after a 10 day streak of 100M+ inflows. It does seem like the point I made earlier this week about big inflows without price progression was a good reason to be cautious, as price is starting to correct a bit here. This has been a pretty high value signal for the past 1.5 years since the Spot ETFs are live. Always be on the look out for high in/outflows after big up/down moves. If price fails to push further even though it is seeing a lot of flows in that direction, it generally makes us put in a local top/bottom. Plenty of examples so far and especially last Summer during the big range.
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