Bitcoin manipulation claims face pushback
Recent claims of Bitcoin price manipulation have faced significant pushback from analysts. According to new data, Bitcoin exchange-traded funds (ETFs) are seeing inflows of investor capital after several weeks of outflows.
There were earlier suggestions that the large trading firm Jane Street was conducting massive daily Bitcoin sales, putting pressure on the cryptocurrency's price. However, analysts reject these claims, citing a lack of factual evidence.
According to the source, over the past three days, Bitcoin ETFs have recorded inflows, breaking a five-week streak of outflows. This may indicate a recovery of institutional investor interest in the first cryptocurrency.
Focus shifts to real DeFi metrics
Meanwhile, discussions in the decentralized finance (DeFi) space are gradually shifting towards analyzing the actual financial performance of projects, rather than just technical metrics.
Experts note that evaluating projects based on real revenue, rather than just TVL (total value locked), will allow for a more objective assessment of promising areas in DeFi.
This approach will help distinguish sustainable and promising protocols from purely speculative ones focused only on attracting liquidity.