Onchain investors were more bearish to the Binance liquidity cascade, while crypto ETP traders have largely shrugged off the Friday crash, according to CoinShares.
💡 DMK Insight
The contrasting reactions from onchain investors and crypto ETP traders highlight a growing divide in market sentiment. While onchain investors are clearly feeling the heat from the Binance liquidity issues, ETP traders seem to be adopting a ‘keep calm and carry on’ approach, perhaps signaling a belief that this too shall pass. This divergence could indicate a shift in how different segments of the market perceive risk and opportunity, with some seeing potential bargains amidst the chaos. As liquidity concerns loom, it’s crucial for traders to stay attuned to these sentiment shifts, as they can often precede larger market movements.
📮 Takeaway
Watch for sentiment shifts; they could signal buying opportunities or deeper market corrections.






