Hupzy (Spot On Chain)|6月 02, 2026 14:13
📈 BTC ETFs bleed $𝟰𝟴𝟰𝗠 in a single day — $1.78B over 7 days. ETH also red at -$44M (1D) / -$291M (7D). SOL the sole bright spot at +$321K.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The scale of BTC ETF outflows is accelerating — $484M in one day is among the heaviest daily prints this cycle. Combined with BlackRock's $425M Coinbase Prime deposit and MSTR's flip to seller, the supply-side picture is uniformly bearish. ETH's 147K redeemed over 7 days is structurally significant. The trifecta of MSTR selling, BlackRock exchange deposits, and relentless ETF redemptions creates heavy overhead supply — rallies are likely to be sold into.
--source: https://x.com/lookonchain/status/2061812457040159084
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