$BTC reclaimed $82k but institutions are dumping hard.
US spot ETFs saw -$729M outflows in 2 days:
• Oct 7: -$484.9M
• Oct 8: -$244.1M
Meanwhile ~$1B in leveraged positions got liquidated during the dip.
Price action now:
• Need to hold $82.5k as support
• $87.4k is the gate before $90k
Retail buying the dip while smart money exits. Classic distribution phase or just rotation? Watch that $82.5k level closely.
US spot ETFs saw -$729M outflows in 2 days:
• Oct 7: -$484.9M
• Oct 8: -$244.1M
Meanwhile ~$1B in leveraged positions got liquidated during the dip.
Price action now:
• Need to hold $82.5k as support
• $87.4k is the gate before $90k
Retail buying the dip while smart money exits. Classic distribution phase or just rotation? Watch that $82.5k level closely.