#加密市场回调 The capital flow of the Spot ETF on Tuesday is quite interesting, showing a clear differentiation trend. Investors from a leading asset management institution are still continuing to reduce position, while other institutions have basically remained inactive. To be honest, I think the level of selling pressure is still within a controllable range.

Let's take a look at the data: the institution's position peak occurred on October 28, when it was 806,329 coins, and has now decreased to 782,852 coins. In 22 days, 23,477 coins have been sold, which is about 2.92% of the total. Although it may not have been fully sold yet, from the overall market perspective, those holding positions still account for the majority.

Interestingly, the current position levels are similar to those at the beginning of October. It may be that the recent decline in BTC has indeed exceeded many people's expectations, leading them to subconsciously think that it was institutional investors who were crazily selling off. But in reality? Their reduction in position on BTC is not as exaggerated as imagined. $ETH $BTC $SOL