📉 Are investors leaving the market?

In total, $1.2 billion was withdrawn from spot $BTC ETFs in the United States this week. It seems that not everyone was ready for the collapse of $BTC below 100 thousand dollars.

Now everything points to a local drawdown and continued outflows from spot ETFs, which will only strengthen the movement. Old holders of whales also continue to actively sell bitcoins. Glassnode presented a graph showing wallets older than seven years that spent more than 1,000 $BTC per hour.

"The key difference in this cycle is that such large expenditures of first-generation whales occur more often. This indicates a stable distribution"

At the same time, President Trump said that Americans will receive dividends of at least $2,000, with the exception of high-income citizens. Let me remind you that during the time of COVID, there was exactly the same measure that led to a strong growth of the market.