What ETF Flows and Binance Data Indicate About Current Bitcoin Liquidity

Bitcoin’s recent downside is unfolding alongside a clear alignment in flow-based indicators, where ETF activity, exchange inflows, and stablecoin balances are all moving in the same direction rather than offsetting each other. Taken together, the charts show a market environment defined by exposure reduction and liquidity withdrawal, not consolidation. source: https://www.ethnews.com/what-etf-flows-and-binance-data-indicate-about-current-bitcoin-liquidity/