According to @ki_young_ju, Bitcoin whales have been cashing out billions since BTC hit 100K, underscoring persistent realized selling pressure (source: @ki_young_ju on X, Nov 11, 2025). He stated that strong inflows into MicroStrategy (MSTR) and spot Bitcoin ETFs canceled a potential bear market earlier this year, supporting prices despite distribution (source: @ki_young_ju on X, Nov 11, 2025). He warned that if MSTR and ETF inflows fade, sellers will likely dominate again, highlighting downside risk for BTC if demand weakens (source: @ki_young_ju on X, Nov 11, 2025). He added that despite heavy selling pressure, investors who judge the macro outlook as strong may view current levels as a buying opportunity (source: @ki_young_ju on X, Nov 11, 2025).

According to @litecoin, LTCC—described as its only spot ETF—hit roughly 3x its average trading volume within the first 1.5 hours today, indicating unusually high early participation (source: @litecoin on X). For trading execution, the reported surge supports close monitoring of LTCC intraday liquidity, order book depth, and bid-ask spreads, alongside alignment of hedging in LTC spot and derivatives based on the same volume context (source: @litecoin on X). Risk management should consider whether activity normalizes toward the cited average volume baseline into the close or continues to build, given the 3x early turnover noted (source: @litecoin on X).

According to Ki Young Ju, BlackRock’s Bitcoin ETF recorded $570M in net weekly outflows last week, the largest in nine months, source: Ki Young Ju on X, Nov 10, 2025. The 9-month high outflow denotes unusually heavy redemptions from the spot BTC ETF during that week, source: Ki Young Ju on X, Nov 10, 2025.

According to the source, a public X post states that Lantern Ventures, a crypto trading firm linked to an ex-Alameda co-founder, is said to be winding down its funds, source: public X post dated Nov 7, 2025. The source post provides no details on assets, timelines, or assets under management, leaving any potential impact on crypto market liquidity or derivatives metrics undefined at this time, source: public X post dated Nov 7, 2025.

According to the source, a Spanish council plans to sell its Bitcoin after a 1,000x increase, with proceeds potentially directed to quantum research (source: the provided article link). If executed, the sale would introduce additional spot BTC supply that can weigh on price and liquidity around execution, so traders should monitor any official disclosures on size, venue, and timing (source: the provided article link).

According to the source, Robinhood is not rushing to add crypto to its treasury and is still evaluating whether this is the best use of capital (source: Nov 6, 2025 social media update). For crypto traders, this signals no confirmed near-term buy-side treasury flows from Robinhood into digital assets, tempering expectations for treasury-driven demand in BTC and ETH markets (source: Nov 6, 2025 social media update). For HOOD equity, the stance indicates prioritization of cash flexibility over balance-sheet crypto exposure, potentially limiting treasury-related volatility risk in the stock for now (source: Nov 6, 2025 social media update).

According to Farside Investors (@FarsideUK), BlackRock’s US spot Bitcoin ETF (IBIT) posted a -$375.5 million daily net flow on Nov 6, 2025, based on its Bitcoin ETF Daily Flow dataset (source: Farside Investors). According to Farside Investors, the reported flow reflects net creations minus redemptions in USD, so a negative figure indicates net redemptions for the session (source: Farside Investors BTC ETF flow page). According to Farside Investors, the full dataset and methodological disclaimers are provided on its BTC dashboard for verification and context (source: Farside Investors).

According to @Andre_Dragosch, US Bitcoin ETFs together with MicroStrategy MSTR have absorbed roughly 30% of Bitcoin long-term holder supply, which he notes is below half but represents a consistent bid (source: @Andre_Dragosch on X, Nov 4, 2025). Traders can treat this steady demand as a flow signal by closely monitoring US Bitcoin ETF net inflows and any new MSTR purchase disclosures for near-term price impact (source: @Andre_Dragosch on X, Nov 4, 2025).

According to @PANewsCN, Deribit APAC business head Lin said current crypto market liquidity remains 15%-20% below levels before the October 11 crash, source: PANews on X citing Lin, Nov 2, 2025. The source reports that a volatile US earnings season is attracting capital into equities as US stocks hit new highs, limiting near-term crypto flows, source: PANews on X citing Lin, Nov 2, 2025. The source notes that if US equities stay stable, liquidity could spill over to crypto toward year-end, but near-term upside is hard to drive and volatility is not low, source: PANews on X citing Lin, Nov 2, 2025.

According to @PANewsCN, former FTX CEO Sam Bankman-Fried shared a report titled FTX: Where Did The Money Go? asserting that more than 7 million customers deposited about $20 billion into FTX in November 2022, the exchange filed for bankruptcy while owing customers $8 billion, and that the funds never disappeared (source: @PANewsCN on X, Oct 31, 2025; @SBF_FTX on X, Oct 31, 2025). The report claims all customers are set to receive 119%-143% recovery, about 98% of creditors have already received 120%, and even after paying $8 billion in claims and $1 billion in legal fees, the estate still shows an $8 billion surplus; it characterizes the episode as a liquidity crunch rather than insolvency (source: @SBF_FTX on X, Oct 31, 2025; @PANewsCN on X, Oct 31, 2025). For trading context, the FTX Debtors’ May 2024 plan projected cash repayments of roughly up to 118% for most customers and outlined distributions in cash rather than in-kind crypto, which means repayments do not require on-exchange crypto selling by the estate and reduces immediate market impact relative to large spot crypto liquidations (source: FTX Debtors plan and court filings, May 2024).

According to the source, Bitcoin (BTC) spot trading volume reached $300B in October 2025, Binance handled $174B (≈58% market share), and traders rotated from higher-risk derivatives into spot after the pullback, signaling steadier market conditions.

According to Farside Investors, Franklin Templeton’s U.S. spot Bitcoin ETF (EZBC) recorded $0 million in net daily flow on Oct 29, 2025, indicating no net investor creations or redemptions for the session (source: Farside Investors tweet; Farside BTC flows dashboard at farside.co.uk/btc). This $0m print reflects neutral primary-market activity in Farside’s net flow metric, meaning EZBC did not add incremental buy or sell pressure to BTC via ETF primary flows that day (source: Farside BTC flows dashboard at farside.co.uk/btc). For traders, a zero net flow suggests minimal flow-driven impact on BTC spot liquidity and ETF arbitrage channels from EZBC during the session, helping frame flow-based positioning and intraday basis expectations (source: Farside Investors tweet; Farside BTC flows dashboard at farside.co.uk/btc).

According to @FarsideUK, Fidelity’s US spot Bitcoin ETF (FBTC) recorded a $67 million daily flow on Oct 29, 2025, based on Farside Investors’ Bitcoin ETF Daily Flow tracker; source: @FarsideUK and farside.co.uk/btc. The Farside dashboard reports US-dollar daily flows for spot Bitcoin ETFs, indicating the reported $67 million reflects FBTC’s estimated creations/redemptions for that session; source: farside.co.uk/btc. Traders monitoring BTC liquidity can use this flow print as a high-frequency gauge of primary market demand during US hours and reference the dashboard for cross-issuer context; source: farside.co.uk/btc and @FarsideUK.

According to @PANewsCN, MtGox Rehabilitation Trustee Nobuaki Kobayashi announced with court approval that the creditor repayment deadline is extended from October 31, 2025 to October 31, 2026, noting base, early lump-sum, and intermediate repayments are largely completed while many creditors have not received funds due to incomplete procedures or process issues; source: MtGox Rehabilitation Trustee announcement dated 2025-10-27, mtgox.com/img/pdf/20251027_1cc36334-e8b2-4fe4-8135-97d9a149e4f7_announcement_en.pdf. For traders, this extension shifts the remaining distribution window into 2026 and changes the expected timing of potential exchange inflows tied to MtGox repayments away from a concentrated completion in late 2025; source: MtGox Rehabilitation Trustee announcement dated 2025-10-27, mtgox.com.

According to the source, Bitcoin Treasuries reports that Bitcoin ETFs and exchanges collectively hold about 1.69 million BTC as of Oct 26, 2025, based on its aggregated holdings tracker, providing a consolidated view of custodial concentration for traders. For actionable monitoring, traders can track week-over-week changes in the Bitcoin Treasuries total to assess shifts in custodial holdings that inform near-term BTC liquidity analysis, as reflected by the Bitcoin Treasuries dataset.

According to Ki Young Ju, Bitcoin capital inflow is slowing down again. Source: Ki Young Ju on X, Oct 24, 2025. The update signals less new capital entering BTC versus recent periods, a condition traders often treat as a caution flag for short-term momentum and bid-side liquidity. Source: Ki Young Ju on X, Oct 24, 2025. No metric breakdown or figures were provided in the post, so confirmation should be sought in corroborating data such as spot ETF net flows, exchange stablecoin balances, and order book liquidity before taking action. Source: Ki Young Ju on X, Oct 24, 2025.

According to @ThinkingUSD, Hyperliquid Strategies filed an S-1 seeking to raise up to 1 billion dollars for general corporate purposes, including potential purchases of HYPE tokens, as stated in a post dated Oct 22, 2025, source: @ThinkingUSD. According to @ThinkingUSD, the specified use of proceeds directly links any raised capital to possible HYPE market activity, making HYPE spot and derivatives liquidity, volume, and funding rates relevant trading metrics to monitor, source: @ThinkingUSD. According to @ThinkingUSD, traders should track price reaction, order book depth, and basis around any subsequent confirmations or filings to assess timing and scale of potential HYPE-related flows, source: @ThinkingUSD.

According to @ThinkingUSD, the bear case for crypto is that if participants find the stock market just as fun and slightly more fair, attention and capital could rotate from crypto to equities, pressuring crypto trading activity; the post explicitly name-checks Hyperliquid as context (source: @ThinkingUSD on X, Oct 22, 2025).

According to @CryptoMichNL, expectations from previous altcoin cycles no longer apply, and the current market is in a longer cycle that is closely tied to liquidity, delaying a broad altcoin run (source: @CryptoMichNL on X, Oct 19, 2025). He states that the prevalent frustration comes from outdated cycle assumptions and emphasizes he is patient rather than fearful about his altcoin portfolio, suggesting traders should align entries and risk with liquidity trends rather than legacy timing models (source: @CryptoMichNL on X, Oct 19, 2025). This view implies waiting for clear signs of improving market liquidity before anticipating across-the-board altcoin momentum and adjusting position sizing accordingly (source: @CryptoMichNL on X, Oct 19, 2025).

According to @VanessaGrellet_, liquidity in crypto is harmed by fragmentation across providers, while consolidation leads to stronger outcomes for market depth and execution conditions. According to @VanessaGrellet_, Digital Asset Treasury (DAT) companies are emerging as the next institutional layer of crypto markets, signaling a structural shift in how liquidity and treasury operations are organized.