Capital is rotating towards safer assets, leaving Bitcoin and Ethereum exposed as sell pressure builds. The Buy/Sell Ratio has dropped to 0.27–0.28, indicating persistent distribution and a weakening risk appetite. Insider data shows a coordinated move across sectors, with healthcare sales reaching $11.42 billion, suggesting a late-cycle market structure.
Stablecoin supply has increased to $316.69 billion, with Tether and USD Coin expanding, reflecting idle capital. U.S. money market funds have grown by $38.68 billion, reaching $7.86 trillion, as institutions seek safety. Short-term Treasury yields remain stable, while Bitcoin and Ethereum flows are neutral to negative, confirming sidelined liquidity.
Bitcoin's net exchange flows show 7,844 BTC moving to self-custody, reducing sell pressure but highlighting weak demand. Realized profits are at $746 million, with cautious profit-taking evident as capital preserves gains without re-entering the market, leaving prices unsupported.
Capital Shifts to Safety, Leaving Bitcoin and Ethereum Vulnerable
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