Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Jun 04, 2026 13:33
🚨 Spot Bitcoin ETFs have bled $4.33B across 13 consecutive days of outflows — the most severe sustained selling pressure since launch. Every rolling window (7-day, 10-day, 20-day) just set an all-time record. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The ETF bid that absorbed spot supply through 2024–2025 has flipped into a persistent seller. ~59K BTC removed from custody in 13 days is meaningful demand destruction. Combined with short-term holder capitulation and MSTR's first unrealized loss, the demand pillars supporting the $100K+ regime are eroding simultaneously. Until flows stabilize, any bounce faces a structural headwind. BTC broke below $53,800 during the capitulation wave — the next major support zone sits near $50K. With the ETF bid gone, there's no obvious institutional floor forming yet. --source: https://x.com/WuBlockchain/status/2062523287964717257 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))
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