glassnode: Since early November, the 30-day moving average of ETF net inflows has remained negative, and overall liquidity in the cryptocurrency market has continued to shrink.
According to Odaily, glassnode posted on X that since early November, the 30-day moving average of net inflows for bitcoin and ethereum ETFs has turned negative and has remained so to this day. This sustained trend indicates a decrease in participation from institutional allocators and some withdrawals, further exacerbating the overall liquidity contraction in the cryptocurrency market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Initial jobless claims unexpectedly declined, and the unemployment rate may remain high in December
Aave founder faces DAO governance controversy after spending $10 million to purchase AAVE tokens
Initial jobless claims in the US for the week ending December 20 were 214,000, lower than expected.
