$BTC #BTCUp1.17% 📊 BTC at $84,175,up 1.42% in 24 hours.
Price is holding up, but the flows underneath tell a more mixed story.
ETF flows:
• US spot Bitcoin ETFs recorded $678.9Min net outflows this week
• The latest single-day figure was $487.1M• Total ETF assets sit around $107.4B
Outflows against a modest price gain suggest softer institutional demand. Spot and derivatives buying are only partly offsetting that drag.
Liquidations:
• $167Min futures positions liquidated across the market in 24 hours
• • BTC shorts: $35.09M,longs: $5.84M
Forced short covering magnified intraday buying, showi