Wu Shuo has learned that, according to Santiment data, since May 7th, the total outflow from BTC ETFs has exceeded $4 billion. Historical experience shows that when a large amount of funds flow out of BTC ETFs in a short period, it usually reflects that retail and institutional investors are experiencing peak fear, frustration, or risk-averse sentiment. Santiment believes that such a large-scale withdrawal of funds may indicate that a local bottom is approaching.

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