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🐋 WHALE WATCH: Bitcoin ETFs just broke their six week inflow streak with a $1 billion net outflow this week.
We saw a massive single day drop driven by macro risk off sentiment as $BTC struggled to clear the 200 day moving average near $82k. This is the largest weekly exit of institutional capital we have seen since the January corrections.
The wall street bid is taking a temporary breather while the market absorbs this macro data.
Are you treating this ETF outflow as a local top or just a standard retest ?