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Bitcoin ETF Holders Pull $635 Million Before Price Even Hits Their Usual Breaking Point

Published Source: BeInCryptoRead original

Crypto Insight Summary: Investors pulled $635.49 million from US spot Bitcoin (BTC) exchange-traded funds (ETFs) on October 22. The money left before BTC fell far enough to hit the level where ETF holders have historically sold hardest. A day earlier, the same funds had taken in $528.40 million. New research from DWF Labs pins down that level, and Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large outflows from BTC ETFs signal short-term bearish sentiment.

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Bitcoin ETF Holders Pull $635 Million Before Price Even Hits Their Usual Breaking Point — Crypto Insight