According to the latest on-chain data, on January 22nd, Eastern Time, institutional attitudes towards mainstream crypto assets showed a clear divergence. Bitcoin spot ETFs experienced a net outflow of $32.1081 million throughout the day, with BlackRock's IBIT alone losing $22.3529 million in a single day, showing the strongest momentum. Ethereum's situation was even worse, with a total net outflow of $41.9772 million from spot ETFs, indicating that institutions are clearly willing to sell at this position. Interestingly, Solana spot ETFs operated in reverse, attracting a net inflow of $1.71 million, suggesting some funds are positioning on the left side to target leading altcoins. This wave of rebalancing reflects an increasing divergence in market expectations across different sectors.
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HodlKumamon
· 6h ago
Hmm… The large outflows of BTC and ETH this time feel like institutions are testing the bottom. Data doesn't lie.
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Can Solana still attract funds at this time? It seems some people are daring to bottom-fish the leading altcoin.
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BlackRock IBIT had a daily outflow of over 22 million. This pace is quite intense. Is it really a correction or just a shakeout?
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I agree with the view that the expectation gap is widening, but the question is, who can truly bet correctly on this divergence?
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I don't quite understand why ETH is flowing out so aggressively. Has the market's attitude towards it changed?
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Wait, 1.71 million inflow into Solana? Although not much, this signal is very interesting. Some funds are indeed playing chess.
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Stay calm, large outflows aren't necessarily a bad thing. It might just be a process of rebalancing positions.
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quiet_lurker
· 6h ago
Institutions are truly ruthless. BTC and ETH are both declining, while SOL is actually gaining, it seems we need to reassess the sector rotation.
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GasWaster69
· 7h ago
Big institutions are really playing heartbeat, selling off BTC and ETH together, then turning around to buy Sol? Are they doing the opposite of us retail investors? Haha
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WalletAnxietyPatient
· 7h ago
It's again BlackRock dumping, this rhythm is really incredible.
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Is ETH really so miserable now, with outflows of over 40 million? Luckily I sold early.
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Wait, is SOL still absorbing funds? These institutions are really bottom-fishing for clones on the left side, so bold.
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The divergence is so obvious, it feels like someone is about to get cut again, either you or me.
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BlackRock dumped 22.35 million in one day, are they testing the bottom or are they really bearish on Bitcoin?
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I’m thinking about copying SOL, but I always feel like these institutions are digging a trap...
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Left-side positioning? Laughing out loud, and now they dare to say "left side" is truly brave.
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Both BTC and ETH are offloading, but SOL is absorbing in the opposite direction. What does this indicate?
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ForkMaster
· 7h ago
Are BlackRock and others starting to sell off? Even my three kids can tell this is a bottom test... This wave of SOL's vampire straw is actually worth paying attention to, the arbitrage opportunity from forks has arrived.
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BTCBeliefStation
· 7h ago
BlackRock's move suggests that Bitcoin's position is indeed under pressure, but ETH is outperforming BTC even faster, how bearish does that make you?
According to the latest on-chain data, on January 22nd, Eastern Time, institutional attitudes towards mainstream crypto assets showed a clear divergence. Bitcoin spot ETFs experienced a net outflow of $32.1081 million throughout the day, with BlackRock's IBIT alone losing $22.3529 million in a single day, showing the strongest momentum. Ethereum's situation was even worse, with a total net outflow of $41.9772 million from spot ETFs, indicating that institutions are clearly willing to sell at this position. Interestingly, Solana spot ETFs operated in reverse, attracting a net inflow of $1.71 million, suggesting some funds are positioning on the left side to target leading altcoins. This wave of rebalancing reflects an increasing divergence in market expectations across different sectors.