🐋 WHALE WATCH: Bitcoin ETFs just recorded their worst month in history bleeding $4.5 billion in June. The culprit ? Its not just geopolitical uncertainty or interest rates. We just witnessed the largest IPO in history with SPCX sucking the liquidity out of every other asset class. Institutions are rotating capital aggressively. When a $2T+ beast enters the public markets, everything else feels the gravity. Adapt or get left behind.(Whale Factor)