What is Nostr?
steve / Steve Carr, CFA
npub10mv…alta
2024-03-02 17:24:59
in reply to nevent1q…r33v

steve on Nostr: On the week, that’s a net +30,056 BTC. At a very rough average price of $55,000 ...

On the week, that’s a net +30,056 BTC. At a very rough average price of $55,000 that’s $1.65B. If the average market cap for the week was $1.1T, the week’s inflows were ~0.15%. It’s not clear to me that we’ve started to see meaningful ETF inflows yet. I think the pump M-W was mainly supply: LT hodlers staying disciplined.
Author Public Key
npub10mvl2g6tu76q6k4hsmam6hrsvhu99guk4c0q9tlzu5789stvz7usy9alta