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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%
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
Bitcoin
Bitcoin
Daily

$84,054.01

▼ -0.42%

Volume (24h): -

Resistance Levels
Resistance 3$94,549.91
Resistance 2$86,817.73
Resistance 1$84,366.01
Price$84,054.01
Support 1$83,209.30
Support 2$80,398.57
Support 3$77,001.87
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):64.1
DE
Decrypt Editorial
(12:39 PM UTC)
1 min read
EW
Reviewed byEmily Watson

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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Source

Decrypt Editorial · Decrypt

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