Main funds are fleeing Bitcoin! In the past 24 hours, Bitcoin suffered a massive net outflow of 156 million USD. This is the highest daily sell-off pressure in nearly a month! Meanwhile, Litecoin (LTC) attracted 29.83 million USD, topping the inflow list, with SOL and BCH closely following with over 7 million USD each. Funds are visibly fleeing from established coins like BTC, XRP, and DOGE, frantically rushing towards the halving narrative + highly elastic altcoins, an epic adjustment battle has begun!
#比特币资金大逃亡
LTC net inflow of 29.83 million USD;
SOL net inflow of 15.97 million USD;
BCH net inflow of 7.59 million USD;
ENA net inflow of 6.28 million USD;
BNB net inflow of 5.65 million USD.
BTC net outflow of 156 million USD;
DOGE net outflow of 40.28 million USD;
XTZ net outflow of 40.05 million USD;
XRP net outflow of 38.23 million USD;
TRX net outflow of 23.54 million USD.
Three major behind-the-scenes players manipulate huge changes:
The Bitcoin trust crisis has erupted, with BlackRock's ETF seeing zero inflows for four consecutive days, Grayscale's GBTC daily sell-off exceeding 300 million USD, and the German government transferring 13,000 BTC worth 740 million USD to exchanges last night, causing panic selling to continue to ferment!
Countdown to LTC halving ignites the doomsday vehicle, with only 23 days left until block rewards are halved (August 23). The miner holding rate has soared to a two-year high, with LTC premium rates on Korean exchanges exceeding 12%. Asian whales are buying in frenzy, targeting historical highs!
SOL ecology sees a return of hot money worth billions, Solana's TVL skyrocketed by 22% in a week, surpassing 4.2 billion USD. Bloomberg reports that Visa plans to build a stablecoin settlement network on Solana, institutional investments are surfacing!
These coins will flood the market! XRP, DOGE, TRX. The SEC lawsuit has been postponed again, and XRP whales transferred 420 million coins to exchanges in a single day, igniting the trigger for a crash! Elon Musk's Twitter name change sparked the DOGE scam, with a giant crocodile seizing the opportunity to sell 40.28 million USD, leaving retail investors as the ones holding the bag!
#SOL百亿生态
Leige's analysis:
Bitcoin is facing a massive sell-off with a net outflow of 156 million USD in 24 hours, approximately 1 billion RMB, with whales like the German government dumping! Main funds have shifted gears, and retail investors clinging to Bitcoin should be careful not to get thrown off the bus!
Litecoin LTC: nearly 30 million USD raised! The key reason is the halving of production on August 23, reducing mining rewards, which has historically led to surges before each halving!
SOL: 16 million USD seized! Projects in the ecology are surging, like BOME doubling in a week!
BCH, ENA: quietly raising funds, the ENA stablecoin protocol's revenue outstrips established projects!
Leige's perspective:
This is definitely not a coincidence! Last year, before the LTC halving, I positioned with fans at 90 USD, and after the halving it surged to 120 USD! Only 23 days left until the halving, Koreans are going crazy buying with a premium of 12%. The main players are now playing the game of replacing the old with the new – Bitcoin has no short-term story, while LTC halving and the SOL ecology explosion are all clear opportunities!
