2026-02-18 17:29:06

Liquidity doesn’t disappear quietly.

It leaves footprints.

This chart shows exactly that.

Aggregate Market Realized Value Net Position Change is rolling over hard. Capital inflows that once fueled vertical expansions are now flipping into aggressive outflows. The green waves that powered upside momentum have thinned out — and red is expanding.

What stands out:

• BTC + ETH net position change has sharply contracted
• Stablecoin positioning is weakening instead of rotating back in
• 30-day capital flows have turned decisively negative
• Price is reacting after liquidity shifts — not before

This is not about panic. It’s about structure.

Markets expand when realized capital accelerates.
They compress when capital retreats.

The current move suggests: Liquidity is being pulled from the system faster than it is being redeployed.

That doesn’t automatically mean collapse.
But it does mean conditions have changed.

Bull markets climb on fresh capital.
When capital stops climbing, volatility takes over.

Smart positioning right now isn’t about prediction.
It’s about respecting flow dynamics.

Follow the liquidity. It leads the price.

#GateSquare$50KRedPacketGiveaway #What’sNextforBitcoin?

BTC-1,69%

ETH-2,56%

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