📉 Bitcoin ETF Holders Turn Bearish
🚨🚨🚨 Recent data highlights a significant bearish sentiment among Bitcoin ETF holders, with record-breaking outflows observed:
• Dec 19: Total Bitcoin ETF net outflows reached an all-time high of $672M.
• Dec 24: BlackRock recorded its highest-ever single-day net outflow of $189M.
This trend suggests a shift in market sentiment, as institutional holders appear to be de-risking their positions. Such large outflows could lead to increased volatility in the coming weeks.
💡 Key Insight: Monitor these movements closely, as they may signal potential price corrections or a broader shift in the crypto market dynamics.