According to @KobeissiLetter, the WTI Crude Oil ETF, CRUD, recorded $217 million of net inflows on Tuesday, the largest daily intake since the 2020 pandemic and the second-highest on record, source: @KobeissiLetter. The source also states this amount doubles any other single-day high over the last five years, source: @KobeissiLetter.

According to Omkar Godbole (@godbole17), the United States Oil Fund (USO), which tracks light sweet crude oil prices, is concluding a five-year consolidation phase. Technical analysis suggests that this prolonged sideways movement could soon end with a significant breakout, potentially impacting energy-related equities and cryptocurrency sectors sensitive to commodity price shifts. Traders should monitor USO closely for breakout confirmation, as a sharp move in oil prices may influence risk appetite and liquidity flows in the crypto market. Source: Twitter/@godbole17.