Despite the Korean buying spree, overall spot netflows remained negative, suggesting broader market hesitation.
At press time, CoinGlass data recorded a sharp outflow of $6.35 million, reinforcing a narrative of profit-taking or reduced confidence by other participants.
Historically, such outflows tend to coincide with increased volatility or short-term corrections.
Therefore, although Korean wallets continue to accumulate, broader investor behavior reveals caution, indicating that the bullish momentum may not be widespread or fully supported just yet.
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