Wu Blockchain (@WuBlockchain): Wintermute: Long-Term Funds Are Buying BTC in OTC Tranches
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC+60Positive
Wintermute: Long-Term Funds Are Buying BTC in OTC Tranches Wintermute, a leading crypto market maker and OTC desk, said crypto has failed to follow the broader risk-asset rally for two straight weeks, as about $2 billion flowed out of BTC and ETH ETFs while fresh capital moved into AI stocks and small caps. The firm said long-term funds have started buying BTC in batches through OTC desks, seeing current levels as attractive on an 18-month horizon, with key downside support around $60,000 to $65,000. https://x.com/wintermute_t/status/2061766692142022809?s=46