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Master yOda
@mastery0da
Spot ETFs Return to Positive Momentum On Tuesday, we observed an inflow of investments into spot ETFs for both Bitcoin and Ethereum. BTC-based instruments saw $117 million, while ETH products attracted $11.4 million. However, miners are currently holding back the market's growth. In the past few days, miners have sold over 30,000 BTC, totaling $1.71 billion. Miners are operating at a loss, leading to a gradual capitulation. It's worth noting that miner capitulation is often a sign of the market reaching its bottom.
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