BLACKROCK SELLS 35,980 $BTC IN 10 DAYS – SOMETHING IS BREWING 🔥
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BlackRock’s spot ETF just logged its longest outflow streak on record – 10 consecutive days with 35,980 $BTC withdrawn, worth roughly $2.24 billion. This is the first time we’ve seen sustained institutional selling at this magnitude since the product launched earlier this year.
Sustained distribution of this scale has historically coincided with local tops or accumulation phases depending on who’s absorbing the flow. Volume data suggests retail has been the primary buyer into this weakness. Are you reading this as distribution or a shakeout before the next leg up?
Not financial advice. Always manage your risk.
#BTC #InstitutionalFlow #Outflow #CryptoAnalysis
🔥
Body
BlackRock’s spot ETF just logged its longest outflow streak on record – 10 consecutive days with 35,980 $BTC withdrawn, worth roughly $2.24 billion. This is the first time we’ve seen sustained institutional selling at this magnitude since the product launched earlier this year.
Sustained distribution of this scale has historically coincided with local tops or accumulation phases depending on who’s absorbing the flow. Volume data suggests retail has been the primary buyer into this weakness. Are you reading this as distribution or a shakeout before the next leg up?
Not financial advice. Always manage your risk.
#BTC #InstitutionalFlow #Outflow #CryptoAnalysis
🔥