QCP Capital: BTC counter-assembled to achieve cargo support with net FRF inflows of $2.8 billion

Wu stated that according to QCP Capital, the BTC ' s current rebound from $63,500 to $80,000 had solid spot support in terms of the underlying structure: real-time ETF recorded a net inflow of approximately $2.8 billion, while futures holding stock (OI) at BTC prices fell from about 646,000 in mid-August to about 588,000 BTCs, and the funding rate remained between the restraint zones, indicating that the flow was driven mainly by headback and current demand rather than by multiple leverage. At the macro level, the United States core PCE, which stood at 3.3 per cent in July, showed that inflation remained sticky, and that the market probability of a 25bp increase in September was about 35 per cent. At the same time, the United States Treasury intends to double from $2 billion to at least $4 billion for the 10- to 30-year-old liquidity buyback cap from the US Treasury as of 9 September. The follow-up needs to focus on whether the upswing process is continuously driven by spot or re-engineered to be highly leveraged。