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Anas Hassan

Wintermute Flags End of Altcoin Season as BTC Leads; $650.8M ETF Outflows

Wintermute warns the expected altcoin rally has stalled, with retail capital rotating back to Bitcoin and Ethereum as dominance rises and liquidity thins. Over the past 24 hours, Bitcoin fell 1.12% below $87,000 and Ethereum slipped 1.5% near $3,000, while liquidations hit roughly $600 million Monday and $400 million on Wednesday and Thursday. Bitcoin ETFs saw $650.8 million in outflows over four days and Ethereum funds recorded $95.52 million in net outflows.
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