According to Glassnode, "shrimps" -
#Bitcoin
holders with less than 1 $BTC - now own a whopping 7% of the total supply, showcasing their pivotal role in stacking Bitcoin.
$ETH ETF news is not as bullish as everyone thinks it is ❌️
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#Bitcoin
ETFs Flow Update - May 22
- Total net inflow to Bitcoin spot ETFs: $154M
- Consecutive inflows for 8 days
$GBTC: Outflow of $16.09M
$IBIT: Inflow of $91.95M
$FBTC: Inflow of $74.57M
$KAS has broken through the daily descending resistance line that started forming in March, and is currently in an area of support, which creates a perfect setup up for a long trade.
✅ Entry: Ladder into a long spot trade in the current $0.125 - $0.13 area of support.
Take