#BTC
Retail investors sold out $300 million worth of ETFs on Wednesday— the largest single-day selling in history.
This figure exceeds the previous record set during the 2020 pandemic.
The semiconductor ETF $SOXX alone saw outflows of $270 million, the largest daily retail withdrawal in at least the past 12 months.
Retail investors are locking in profits on tech stocks—this action itself carries more information than the price.
When the least professional capital starts concentrating its withdrawal, it’s either a mid-trend shakeout or a prelude to a larger pullback.
Retail investors sold out $300 million worth of ETFs on Wednesday— the largest single-day selling in history.
This figure exceeds the previous record set during the 2020 pandemic.
The semiconductor ETF $SOXX alone saw outflows of $270 million, the largest daily retail withdrawal in at least the past 12 months.
Retail investors are locking in profits on tech stocks—this action itself carries more information than the price.
When the least professional capital starts concentrating its withdrawal, it’s either a mid-trend shakeout or a prelude to a larger pullback.
