According to André Dragosch (@Andre_Dragosch), recent data shows that approximately 45% of Bitcoin's price performance variation is currently explained by changes in global Bitcoin ETP flows, which remains near record highs. This strong correlation highlights the increasing influence of ETP investment flows on Bitcoin price action, making ETP flows a critical metric for crypto traders to monitor for short-term trading signals and risk management strategies (source: Twitter/@Andre_Dragosch, June 2, 2025).