BlackRock’s Bitcoin spot ETF holdings have exceeded 130,000 pieces, and the number is still increasing steadily. The number of Grayscale GBTC has dropped to 445,000, and the downward trend has gradually eased.

Yesterday, the total inflow of funds into all ETFs exceeded US$230 million, and grayscale outflow data reached a record low.

The position balance of institutions has been broken for several days. Even if the buying balance has slowed down, it cannot withstand the incremental explosion of OTC funds brought about by the high market sentiment.

Recent operations among project parties have also seized this opportunity properly. The Uniswap Foundation only made public a proposal to allocate any protocol fees to holders of pledged UNI tokens, which led to the tokenization of the entire DEX sector. The coin surged, with UNI gaining nearly 100% in 48 hours.

At present, the total market value of all types of DEX tokens exceeds 24 billion US dollars. During this period, the market maker Wintermute shipped 1.2 million uni tokens, and the current number of positions is zero.

In order to prepare for the launch of the Cancun mainnet in March and the approval of the Ethereum spot ETF that is likely to exist in May, Sun Ge continued to buy more than 150,000 Ethereums for 12 consecutive days, with a holding cost of US$430 million. .

The buying and selling data of large traders may not necessarily dominate the development of the market, but it can certainly serve as a direction indicator for later market fluctuations.

The future market belongs to those who are patient enough. The team leader will pay attention to the hot spots at every stage, but will never emotionally chase the hot spots that have risen very high. He will not get on and off frequently and be cautious about every position. Decision is the cornerstone for us to effectively grasp every band.

The market is always releasing good news and bad news to tempt you to get on or off the bus. The battle of money and the game of human nature are vividly reflected here.

If you cannot see through the essence of the phenomenon and cannot grasp the trend of the market, you will be easily confused by the illusion of events and then be taken away by the wave. #热门话题 #BTC #ETH