BMaxi on Nostr: Capital is unlikely to rotate from BTC to alts because the majority of CT is self ...
Capital is unlikely to rotate from BTC to alts because the majority of CT is self confessed to be mostly in alt coins. They all front ran the cycle rotation trying to be clever. The majority of demand that pushed BTC to $100K is from Saylor and the hedge funds that own the majority of the ETFs. They are not altcoin rotators.
These are the top institutional holders of IBIT according to official disclosures. Nearly every one of these is a trading firm or hedge fund. THESE are the big players in this cycle, and why BTC flows are more sticky relative to altcoins this time around.
#Bitcoin #BTC #UnitedStates #US #Nostr
Published at
2025-01-31 05:28:50Event JSON
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"content": "Capital is unlikely to rotate from BTC to alts because the majority of CT is self confessed to be mostly in alt coins. They all front ran the cycle rotation trying to be clever. The majority of demand that pushed BTC to $100K is from Saylor and the hedge funds that own the majority of the ETFs. They are not altcoin rotators.\n\nThese are the top institutional holders of IBIT according to official disclosures. Nearly every one of these is a trading firm or hedge fund. THESE are the big players in this cycle, and why BTC flows are more sticky relative to altcoins this time around.\n\n#Bitcoin #BTC #UnitedStates #US #Nostr https://image.nostr.build/2ea52cb84025a569492d517208eb2b179311b7b3253a1804ee51e5640a1eeb81.jpg ",
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