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via Decrypt · By Decrypt Editorial

Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak

BTC

BTC/USDT

$73,862.98
+5.96%
24h Volume

$33,431,340,580.56

24h H/L

$73,899.00 / $68,902.22

Change: $4,996.78 (7.25%)

Long/Short
51.0%
Long: 51.0%Short: 49.0%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$73,408.00

0.52%

Volume (24h): -

Resistance Levels
Resistance 3$78,568.57
Resistance 2$76,273.57
Resistance 1$74,640.95
Price$73,408.00
Support 1$72,746.38
Support 2$70,151.58
Support 3$67,943.82
Pivot (PP):$71,775.79
Trend:Uptrend
RSI (14):80.9
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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