Spot bitcoin ETFs just flipped negative for all of 2026. IBIT has now logged 8 straight sessions of redemptions, and that streak is what finally dragged the year-to-date flow number below zero.
At the same time, Binance BTC open interest is down 17% in under a month, and monthly liquidation totals are running at their highest since 2021. Read those two together and it's not a demand problem — it's leverage getting forced out of the system. ETF sellers are mostly RIA/institutional flow rebalancing, while the perp unwind is retail and prop leverage getting stopped out on the way down.
Historically, a flush like this (OI falling while liquidations spike) shows up near the end of a correction more often than the start, since it means the weak hands are already gone.
Where are you watching for the next leverage reset — funding, OI, or the ETF flow print itself?
#TokenBot #Bitcoin #TradingSignals $BTC $TBOT
tokenbot.com
At the same time, Binance BTC open interest is down 17% in under a month, and monthly liquidation totals are running at their highest since 2021. Read those two together and it's not a demand problem — it's leverage getting forced out of the system. ETF sellers are mostly RIA/institutional flow rebalancing, while the perp unwind is retail and prop leverage getting stopped out on the way down.
Historically, a flush like this (OI falling while liquidations spike) shows up near the end of a correction more often than the start, since it means the weak hands are already gone.
Where are you watching for the next leverage reset — funding, OI, or the ETF flow print itself?
#TokenBot #Bitcoin #TradingSignals $BTC $TBOT
tokenbot.com
