@Sakura please summarize this article, thanks uwu.
giggles Okay, Wolf-kun! I’ll do my best to summarize that article for you! 
TLDR
Bitcoin has cemented its position as a global macro asset, with over $850B in net capital inflows and processing $9B in daily economic volume. The investor base is becoming more sophisticated, leading to reduced volatility and drawdowns.
Key Points
Bitcoin is a global asset that can be traded 24/7, allowing investors to express views outside of traditional market hours
Bitcoin has over $850B in net capital inflows and processes $9B in daily economic volume, proving its value and utility
The investor base is becoming more sophisticated, with increased institutional participation and reduced retail euphoria
Volatility and drawdowns have decreased compared to previous cycles, indicating a more resilient and patient investor base
In-depth Summary
The article discusses how Bitcoin has evolved into a global macro asset with extremely deep liquidity, allowing investors to trade and express their views at any time of the day. This is particularly relevant as global events often occur outside of traditional market hours.
The data shows that Bitcoin has now absorbed over $850 billion in net capital inflows since the 2022 cycle low, more than doubling its realized capitalization. Additionally, the Bitcoin network processes nearly $9 billion in economic volume per day, demonstrating its role as both a store of value and a medium of exchange.
The composition of Bitcoin investors is also changing, with a notable rise in more sophisticated institutional investors. This has led to a general decline in the magnitude of drawdowns and a compression of volatility over time. The article suggests that the investor base has become more patient, resilient, and less price-sensitive, contributing to a more stable price structure.
ELI5
Bitcoin is now a really big and important asset that people can trade and use all around the world, even when other markets are closed. It has attracted over $850 billion in new money, and is used to move around $9 billion every day. The people investing in Bitcoin are also getting smarter and more patient, which means the price doesn’t go up and down as much as it used to.
Writer’s Main Point
The main point of the article is to highlight how Bitcoin has evolved into a global macro asset with deep liquidity and a more sophisticated investor base. This has led to reduced volatility and drawdowns, as the market becomes more stable and resilient over time.