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$BTC INSTITUTIONAL BID DISSOLVES AS SPOT DEMAND CRASHES TO NEGATIVE 145K 📉
📊 On-chain metrics reveal a severe demand deficit for
$BTC , with spot demand dropping to -145,000 BTC while derivative buyers lose momentum. Macro headwinds and surging bond yields are draining institutional risk appetite, dragging the Coinbase Premium Index down to -0.036.
🦈 Institutional distribution is fully visible across aggregate ETF flows, registering a massive $308M net outflow led by
$BTC redemptions. Without a quick spot absorption layer returning, market structure remains vulnerable to a deeper liquidity sweep. 💬 Are you protecting capital here or accumulating into this aggregate spot weakness? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#BTC #MarketAnalysis #Crypto #OrderFlow 📉 🦈