Analysis of the dynamics of "smart money" from May 1 to May 4, 2025🔁 Key transitions and patterns:
📌 ETH:
May 1: strong inflow ($124 million)
May 2: decrease in inflow
May 3: increase to $33 million
May 4: sharp outflow — $9.4 million
⚠️ Possible profit-taking after the rally
📌 WSTETH:
May 3: large outflow
May 4: equally large inflow
🔄 Capital rotation between ETH derivatives?
📌 UNI and STETH:
Present in both inflow and outflow lists
Behavior indicates high short-term speculation
📌 LINK:
May 2 – outflow $675 thousand
May 3 – outflow $975 thousand
May 4 – inflow $433 thousand
🔁 Likely trend reversal? Monitoring May 5
🧠 Conclusions:
#ETH remains the main asset for institutions, but an initial phase of profit-taking is observed.
WSTETH/STETH — a play on interest rates and liquidity within the Ethereum ecosystem.
Outflow from meme coins and highly speculative assets is steady (ARKM, #floki , #pepe ).
The return of inflow to the DeFi infrastructure (#LINK , #UNI , AAVE) may indicate the formation of a new cycle of interest in utility tokens.