Bitcoin ETFs Buy 63,000 BTC In 30 Days As Retail Panic Selling Persists
2 days ago
Bitcoin’s market structure is showing a split sign
Bitcoin ETFs Buy 63,000 BTC In 30 Days As Retail Panic Selling Persists
Bitcoin’s market structure is showing a split signal: institutional demand through ETFs is accelerating, while short-term holders are still selling into exchanges at a loss. That divergence is helping explain why BTC has held up near the $70,000 area even as retail stress remains visible in on-chain data.Bitcoin ETF flows | Source: Axel AdlerBitcoin Short- Term Holder P&L to Exchanges Sum | Source: Axel AdlerBitcoin STH inflows Binance | Source: X @Darkfost_CocBTC whale orderbook | Source: X @coinglass_comThe risk is just as clear. If ETF flows roll over and the market fails to clear the $72,300-$72,600 sell wall, the next move could still be a sweep into lower liquidity before any stronger recovery takes shape.Bitcoin must break above $74,500, 1-week chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com