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via Decrypt · By Decrypt Editorial
Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak
BTC
BTC/USDT
$84,038.00
-0.08%
$84,038.00
-0.08%
(24s)24h Volume
$21,358,230,155.70
24h H/L
$84,942.45 / $82,874.93
Change: $2,067.52 (2.49%)
Long/Short
57.0%
Long: 57.0%Short: 43.0%
Funding Rate
+0.0023%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(12:39 PM UTC)
1 min read
In brief
- Bitcoin ETFs posted nine consecutive days of outflows totaling $2.8 billion through May 28.
- Whale balances are contracting year-on-year and are currently at 2022's bear-phase pace, according to a CryptoQuant report.
- A record 15.8 million BTC long-term holder supply signals an absence of new buyers, not accumulation, the report noted.
The crypto market outlook and investor sentiment…
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