🔗 Crypto & Blockchain

[Bitcoin ETFs: $2B Inflows in 8 Days] But Short-Term Sellers Loom

ETFs are gobbling up $2 billion in Bitcoin like it's free candy. Meanwhile, short-term holders are sneaking out the back door, profits in hand. Classic crypto trap?

Bitcoin price chart showing ETF inflows spike and short-term holder profit-taking surge

⚡ Key Takeaways

  • Bitcoin ETFs saw $2.1B inflows in 8 days, longest streak since October highs. 𝕏
  • Short-term holders dumping at 3x prior top rates, profits at $4.4M/hour. 𝕏
  • $80K cost basis looms as make-or-break; likely 15-20% pullback if breached. 𝕏
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Originally reported by CoinDesk

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