Bitcoin experiences extreme fund flows for six consecutive days, a pattern that historically precedes price drops

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Bitcoin experienced extreme fund flows in both directions for six consecutive days, a pattern that has historically preceded price declines during this cycle. US spot Bitcoin ETFs saw massive outflows in June, ranging from $4.06 billion to $4.51 billion, with streaks of 9 to 13 consecutive days of outflows. Binance recorded 48 consecutive days of net inflows, pushing its reserves up by roughly 40,000 BTC. Large holders accumulated approximately 270,000 BTC during the ETF outflow periods within a two-week timeframe.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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