Welcome back....
I saw a report that for the 19th, the outflows were huge. I was trying to make sense of how they are affecting price, but I honestly don't see a strong correlation. I color coded each day, and matched it on the BTC chart and MSTR chart. The MSTR chart is tricky because the hours are limited, and I'm not sure how the ETF flows even affect intraday price because they seem to buy the bitcoin at the end, and I'm not sure how they hedge. (Plus I also don't know what time the bitcoin daily chart uses as an open and close)
But a simple look at Mar 12 for example, purple color, shows huge inflows, and yet the BTC candle is red. It looks like we topped out on Mar 13, the black circle, and those inflows were strong, but each subsequent day for the rest of the week had positive inflows, and yet price was dropping already. (green and yellow circles)
Then the weekend hits, so no ETF or MSTR updates, but today, Mar 19, was clearly the biggest outflow day with the GBTC selling. Anyway... this analysis is all over the place, and combined with the fact that after Jan 11, there was inflows every single day and price still dropped for a week makes me even more confused. I'm happier to stick with price charts.
The original chart comes from here before I butchered it for my purposes...
https://x.com/WhalePanda/status/1770296656153424117?s=20