Wintermute: Long-Term Funds Are Buying BTC in OTC Tranches Amid ETF Outflows

TLDR: Wintermute confirms long-term funds are buying BTC in OTC tranches with an 18-month price outlook. BTC and ETH ETFs shed nearly $2B in combined outflows over ten days, the longest streak since launch. Wintermute places key BTC downside support between $60,000 and $65,000 amid summer weakness. Crypto missed two straight weeks of the equity [...]

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