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via Decrypt · By Decrypt Editorial
Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak
BTC
BTC/USDT
$64,641.50
+0.41%
$64,641.50
+0.41%
(24s)24h Volume
$18,450,126,595.02
24h H/L
$65,176.60 / $63,267.34
Change: $1,909.26 (3.02%)
Long/Short
57.5%
Long: 57.5%Short: 42.5%
Funding Rate
+0.0054%
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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