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Bitcoin Dip Buyers Absorb ETF Selling as Spot and Futures Demand Looks Weak

2026-05-31 06:16:02

Abstract generation in progress

Bitcoin fell to $72,500 after spot Bitcoin ETF selling followed weekly outflows of $1.42 billion and $1.26 billion. Spot volumes helped defend $70,000 support, but spot CVD data suggested dip buyers were not dominant. Hyblock data showed nearly $300 million of open interest concentrated between $73,000 and $74,000.

BTC-0.28%

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