On Monday, with the price of $BTC declining, this situation is also expected. We have been discussing recently that although Bitcoin's price has rebounded well, driving the purchase of spot ETFs, more new users are still more focused on pure financial investments and short-term trading. Therefore, when the price falls, some investors will start to exit the market.
This is a very normal occurrence, especially from the data perspective; the main group exiting on Monday consisted of Fidelity investors, who tend to have a stronger tendency to buy high and sell low. For now, BlackRock investors have not changed.
#Bitget VIP, lower fees, better benefits
Disclaimer: This article represents only the personal views of the author and does not represent the position and views of this platform. This article is for information sharing only and does not constitute any investment advice to anyone. Any disputes between users and authors are unrelated to this platform. If the articles or images on the webpage involve infringement, please provide relevant proof of rights and identity documents and send an email to support@aicoin.com. The relevant staff of this platform will conduct an investigation.