[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?
Fintech DoseApr 24, 20264 min read
⚡ 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
The 60-Second TL;DR
Bitcoin ETFs saw $2.1B inflows in 8 days, longest streak since October highs.
Short-term holders dumping at 3x prior top rates, profits at $4.4M/hour.
$80K cost basis looms as make-or-break; likely 15-20% pullback if breached.