CL
CL
BTC-1.81%
HYPE-10.01%
ath BTC traded on IBIT and hyperliquid a key to understanding markets cat has always mentioned is that buyers and sellers dont create volume themselves, they need to meet each other, and meet in size, to create big volume we found BTC buyers today for the first time in a while
Eric Balchunas
Eric Balchunas
ERUPTION in volume for the bitcoin ETFs.. all time record set today with $11.5b as a group. $IBIT was $8b of that, which was all time record for it. Wild but also normal- whenever an ETF or category is 'going through it' volume is elevated. ETFs are liq release valves.
Gallery 1
is bottoms in - am not sure, trend has just been too horrendous but i've some hope its bottomed for a single day or two cus its made lower lows everyday for like a fucking motnh now, we're 10 hours since the low right now😹😹😹
some decent signs - deribit vol pricing moved up meaningfully finally, volume ofc, been also liking to watch for premium after the cme contract roll over, lower is better
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