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ETFs Bought $1.7B $BTC in 2 Days But Price Still Down - Why?
U.S. spot $BTC ETFs recorded $999M on Sep 21 and $715M on Sep 22, total $1.71B in just two days, with IBIT leading. Total AUM jumped back to $111B. Yet Bitcoin fell from $87.2k to $85.8k, down $4k intraday.
This is classic exit liquidity. Smart money uses strong ETF bid to offload. Futures OI remains high at $61B, so long liquidations add pressure.đ°đ”
If $BTC fails to hold $85k, next support is the average ETF cost basis at $81,722.
Is this a bull trap or healthy dip before $90k?
#BinanceWillListHyperliquid(HYPE) #USWeighsPromotingDollarStablecoinsAbroad #BitcoinDunyamiz
ETFs Bought $1.7B $BTC in 2 Days But Price Still Down - Why?
U.S. spot $BTC ETFs recorded $999M on Sep 21 and $715M on Sep 22, total $1.71B in just two days, with IBIT leading. Total AUM jumped back to $111B. Yet Bitcoin fell from $87.2k to $85.8k, down $4k intraday.
This is classic exit liquidity. Smart money uses strong ETF bid to offload. Futures OI remains high at $61B, so long liquidations add pressure.đ°đ”
If $BTC fails to hold $85k, next support is the average ETF cost basis at $81,722.
Is this a bull trap or healthy dip before $90k?
#BinanceWillListHyperliquid(HYPE) #USWeighsPromotingDollarStablecoinsAbroad #BitcoinDunyamiz
