$BTC Crypto ETFs see another massive wave of outflows!
Net outflows reached as much as $311.9 million in a single day.
Institutional money continues to leave the market!
BTC just experienced liquidations on a billion-dollar scale.
Leverage has been flushed out, and ETF buying is also clearly losing steam!
According to CoinGlass data, crypto ETFs recorded combined net outflows of around $311.9 million yesterday, as pressure from investors pulling their money out continues. BTC and ETH had already seen large ETF redemptions for several consecutive days. Now, after another sharp downturn in the crypto market, signs that institutional clients are reducing their risk exposure in the short term are becoming increasingly clear.
More importantly, ETF outflows and leveraged liquidations are weighing on the market at the same time. Spot demand below BTC will be key to determining its near-term direction. Keep a close eye on the $80,000–$82,000 range. If ETF outflows start to ease and prices manage to hold support, the market could actually find an opportunity to recover once this wave of panic subsides.
Leverage has been flushed out, but ETF money is still flowing out.
The signal truly worth acting on is when selling pressure starts to fade and spot buyers step back in!
Tap the card below and get started! 👇
$ETH $ZEC
Net outflows reached as much as $311.9 million in a single day.
Institutional money continues to leave the market!
BTC just experienced liquidations on a billion-dollar scale.
Leverage has been flushed out, and ETF buying is also clearly losing steam!
According to CoinGlass data, crypto ETFs recorded combined net outflows of around $311.9 million yesterday, as pressure from investors pulling their money out continues. BTC and ETH had already seen large ETF redemptions for several consecutive days. Now, after another sharp downturn in the crypto market, signs that institutional clients are reducing their risk exposure in the short term are becoming increasingly clear.
More importantly, ETF outflows and leveraged liquidations are weighing on the market at the same time. Spot demand below BTC will be key to determining its near-term direction. Keep a close eye on the $80,000–$82,000 range. If ETF outflows start to ease and prices manage to hold support, the market could actually find an opportunity to recover once this wave of panic subsides.
Leverage has been flushed out, but ETF money is still flowing out.
The signal truly worth acting on is when selling pressure starts to fade and spot buyers step back in!
Tap the card below and get started! 👇
$ETH $ZEC