The 7-day average net outflow of US spot Bitcoin ETF reached 88 million USD per day, marking the largest outflow since mid-February.
Foresight News reports, according to glassnode data, the 7-day moving average (7D-SMA) of net outflows from US Bitcoin spot ETFs has reached 88 million USD per day, marking the largest single-day net outflow since mid-February. This outflow occurred as the Bitcoin price rebounded to around 80 thousand USD. Institutional investors appear to be taking advantage of the recent rebound to reduce their holdings, rather than engaging in panic selling.
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