Santiment: Bitcoin hits 8-month high, but euphoria raises pullback risk
- —Bitcoin hit $87,364 on September 21, its highest in eight months
- —U.S. bitcoin funds drew $937.3 million in a single day
- —Inflows reached $2.77 billion over seven trading days from Sept 17 to 27
- —Wallets holding 10–10,000 BTC added 41,025 coins in ten days
Why it matters: ETF inflows and large-wallet accumulation underpin the rally, but peak inflow days have historically coincided with local tops.
Source: Crypto Insiders