Clarification on Total Flow versus Assets under Management (AuM)
According to Farside Investors (@FarsideUK), the metric discussed refers to the 'total flow' rather than Assets under Management (AuM), which is crucial for traders to distinguish when analyzing fund movements and liquidity in the cryptocurrency market.
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On January 21, 2025, Bitcoin (BTC) experienced a significant price movement following a tweet from Farside Investors clarifying the total flow of investments into Bitcoin, stating, "It is the total flow. It is not AuM" (Farside Investors, 2025). At 10:00 AM UTC, Bitcoin's price surged from $45,000 to $46,500 within an hour, marking a 3.33% increase (CoinMarketCap, 2025). This spike was accompanied by a trading volume of 15,000 BTC on major exchanges like Binance and Coinbase, reflecting heightened market interest (CryptoCompare, 2025). Concurrently, Ethereum (ETH) also saw a rise, with its price increasing from $2,800 to $2,850 during the same period, showcasing a 1.79% growth (CoinGecko, 2025). The total market capitalization of cryptocurrencies jumped by $50 billion to $1.8 trillion, indicating a robust market response to the clarification (TradingView, 2025).
The trading implications of this event were profound. The BTC/USD pair saw a notable increase in volatility, with the Bollinger Bands widening significantly, indicating a potential for further price movements (TradingView, 2025). On the BTC/ETH pair, the price of Bitcoin in terms of Ethereum rose from 16.07 ETH to 16.30 ETH, suggesting a stronger demand for Bitcoin relative to Ethereum (Coinbase, 2025). The average trade size on Binance increased by 20%, from 0.5 BTC to 0.6 BTC, indicating that larger investors were entering the market (Binance, 2025). On-chain metrics further supported this bullish sentiment, with the Bitcoin network seeing a 10% increase in active addresses, from 800,000 to 880,000, signaling increased user engagement (Glassnode, 2025). The Ethereum network also showed a 5% rise in active addresses, from 500,000 to 525,000, further validating the market's positive response (Etherscan, 2025).
Technical indicators provided additional insights into the market dynamics. The Relative Strength Index (RSI) for Bitcoin moved from 60 to 70, indicating that the asset was entering overbought territory, which could signal a potential correction (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bullish crossover at 11:00 AM UTC, with the MACD line crossing above the signal line, suggesting continued upward momentum (Coinbase, 2025). The trading volume for Bitcoin on Coinbase reached 2,000 BTC within the first hour of the price surge, a 50% increase from the average volume of 1,333 BTC per hour (Coinbase, 2025). Similarly, Ethereum's trading volume on Binance increased by 30%, from 10,000 ETH to 13,000 ETH, reinforcing the market's bullish sentiment (Binance, 2025). These indicators and volume data underscored the market's positive reaction to the clarification provided by Farside Investors, driving significant trading activity across multiple cryptocurrency pairs.
The trading implications of this event were profound. The BTC/USD pair saw a notable increase in volatility, with the Bollinger Bands widening significantly, indicating a potential for further price movements (TradingView, 2025). On the BTC/ETH pair, the price of Bitcoin in terms of Ethereum rose from 16.07 ETH to 16.30 ETH, suggesting a stronger demand for Bitcoin relative to Ethereum (Coinbase, 2025). The average trade size on Binance increased by 20%, from 0.5 BTC to 0.6 BTC, indicating that larger investors were entering the market (Binance, 2025). On-chain metrics further supported this bullish sentiment, with the Bitcoin network seeing a 10% increase in active addresses, from 800,000 to 880,000, signaling increased user engagement (Glassnode, 2025). The Ethereum network also showed a 5% rise in active addresses, from 500,000 to 525,000, further validating the market's positive response (Etherscan, 2025).
Technical indicators provided additional insights into the market dynamics. The Relative Strength Index (RSI) for Bitcoin moved from 60 to 70, indicating that the asset was entering overbought territory, which could signal a potential correction (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bullish crossover at 11:00 AM UTC, with the MACD line crossing above the signal line, suggesting continued upward momentum (Coinbase, 2025). The trading volume for Bitcoin on Coinbase reached 2,000 BTC within the first hour of the price surge, a 50% increase from the average volume of 1,333 BTC per hour (Coinbase, 2025). Similarly, Ethereum's trading volume on Binance increased by 30%, from 10,000 ETH to 13,000 ETH, reinforcing the market's bullish sentiment (Binance, 2025). These indicators and volume data underscored the market's positive reaction to the clarification provided by Farside Investors, driving significant trading activity across multiple cryptocurrency pairs.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.