Hupzy (Spot On Chain)|6ๆ 04, 2026 13:33
๐จ Spot Bitcoin ETFs have bled $4.33B across 13 consecutive days of outflows โ the most severe sustained selling pressure since launch. Every rolling window (7-day, 10-day, 20-day) just set an all-time record.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: The ETF bid that absorbed spot supply through 2024โ2025 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 โ 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
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