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![blockchainlenny Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1782890082212384768.png) lenny 🥷 [@blockchainlenny](/creator/twitter/blockchainlenny) on x 2743 followers
Created: 2025-07-20 08:17:03 UTC

Is retail REALLY back?

#Coinbase app charts are pumping, but the on-chain data tells a more nuanced story. We're seeing long-term HODLers taking some profits.

But the real alpha is in the flows: The institutional tidal wave is here. After massive BTC ETF buying, Ethereum just saw a record $726M pour into its ETFs in a single day. The accumulation is absolutely insane.

Add in the looming US crypto regulation clarity and the Fed drama... this isn't the 2021 playbook.

Are you watching the ETF flows or the retail hype? 🤔
#BTC #Ethereum #CryptoETFs

![](https://pbs.twimg.com/tweet_video_thumb/GwSW2MMbgAAAP3b.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946846803493835124/c:line.svg)

**Related Topics**
[accumulation](/topic/accumulation)
[$726m](/topic/$726m)
[fund manager](/topic/fund-manager)
[onchain](/topic/onchain)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/blockchainlenny/status/1946846803493835124)