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07/18 08:27

Despite the Korean buying spree, overall spot ne

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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