Bitcoin rebounded to $63k, but exchange deposits surged simultaneously with short liquidations.


$239 million in liquidations in 24 hours, with short positions accounting for 84%.
This rebound looks more like a short squeeze rather than new capital inflows.
ETFs saw a net outflow of $526 million this week, with institutions still retreating.
On-chain data shows active investors are underwater by an average of 20%, with the TTM resistance level at $76.7k.
Whether the rebound can continue depends on whether exchange deposits turn into withdrawals, and whether ETF selling pressure can truly ease. The current market is in a structural divergence: short-term short covering coexists with medium- to long-term institutional ebbing.
$btc #ttm #etf #链上数据 #blockchain
BTC1.27%
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sixflowers
· 3h ago
DYOR 🤓
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