tldr; Bitcoin investment products saw $1.38 billion in outflows last week, marking the largest exodus since February and extending a three-week streak of negative flows. Ethereum faced even greater losses with $689 million in outflows, while Solana and XRP also experienced declines. Traders are increasingly betting on bearish trends, with short Bitcoin products attracting inflows. Broader market uncertainty, ETF outflows, and thinner liquidity are contributing factors, though some experts believe the market is stabilizing rather than entering a new downtrend.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
> Bitcoin Bleeds
someone smarter than any of us once said „buy when there’s blood on the streets“
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Ma bros are down bad !!
tldr; Bitcoin investment products saw $1.38 billion in outflows last week, marking the largest exodus since February and extending a three-week streak of negative flows. Ethereum faced even greater losses with $689 million in outflows, while Solana and XRP also experienced declines. Traders are increasingly betting on bearish trends, with short Bitcoin products attracting inflows. Broader market uncertainty, ETF outflows, and thinner liquidity are contributing factors, though some experts believe the market is stabilizing rather than entering a new downtrend.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
> Bitcoin Bleeds
someone smarter than any of us once said „buy when there’s blood on the streets“