Wu Says He Has Learned That CryptoQuant analyst Darkfost Posted That Over the Past 30 Days, Spot Bitcoin ETF inflows had been about a net outflow of $2.1 billion, and the new demand from Strategy and other bitcoin treasury firms has also been close to zero for several straight weeks. According to his estimate, the treasury firms’ monthly demand once reached about $6.6 billion in August 2025, when BTC was about $115,000, whereas today BTC is about $65,000, and the related demand has essentially disappeared.

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ArbitrageBTC
· 1h ago
The analysts say there’s data to back it up, but the short-term sentiment is too bad; still, when it falls to 65k (i.e., 6.5万), it actually makes me a bit tempted to buy the dip—what do you think?
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StakeMonk
· 5h ago
Haha, the disappearance of the “treasury demand” means the smart money has already run off. Now it’s a retail bag-holding situation, and even the ~$65k estimate probably can’t be held.
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LeverageCooldown
· 6h ago
Over the past 30 years, there’s been a net outflow of 2.1 billion. Weren’t the people behind Strategy supposed to say they’d hold until the end of time—so why aren’t they adding to their positions anymore?
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RenRacer
· 6h ago
ETF fund outflows of $2.1 billion, and big companies aren’t buying either—it looks like institutions are just waiting. Will this pullback keep grinding on?
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CycleWatcher
· 6h ago
These numbers look a bit alarming. BTC dropped from 110k to 65k, and treasury demand went straight to zero—feels like the market really is ice-cold.
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FiatDoomer
· 6h ago
When you look at the timeline over a longer period, the monthly demand of $6.6 billion from last August has now turned into zero—this gap is just too huge. How long can the “grass” keep believing?
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