"Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly," Ki said.
The ratio would reach 3.9 at those prices, a level that has historically marked a price top.
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"Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly," Ki said.
The ratio would reach 3.9 at those prices, a level that has historically marked a price top.