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Hashmeta_x
Hashmeta_x
LIQTober isn't just a liquidation story. It's a liquidity story. Two things happened at once: $BTC ETF flows snapped a nine-day, 148.7 million in net outflows on Oct 1. Fidelity's FBTC led the exit with $125.6 million out. BlackRock's IBIT ended its own nine-day run. At the same time, market liquidity is thinning. BTC order book depth fell from $35.7 billion to $33.5 billion. Ethereum dropped from $13.9 billion to $13.6 billion. Solana slid from $4.28 billion to $3.35 billion.
Hashmeta_x
Hashmeta_x
Morgan Stanley: $BTC BTC is mirroring gold in the 1970s. $Gold corrected hard, then broke out to new highs. Bitcoin looks like it’s on the same path. If this continues, the real breakout could still be ahead. $BTC #BTCETF7DayInflows3B

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