ETF fund outflows have hit a record—are institutional sentiments changing? Big whales are taking profit on their short positions, while long positions are still being held and “carried.” This market is brutally crushing both bulls and bears at the same time.

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Crypto Industry Morning News | BlackRock Bitcoin ETF experiences the largest weekly outflow since inception, US BTC ETF has the second-largest weekly outflow
Today’s Highlights: BlackRock and other BTC ETF flows recorded record-breaking outflows, suggesting a possible shift in institutional stance; Bitcoin is nearing $60,000; NYDIG analyzes the reasons behind the decline; Abra’s CEO says tokenization will surpass Bitcoin as the main trend; 13 RETH wallets were hacked, with losses of about $45.0 million; Jucoin’s withdrawal issues and doubts about the reserves’ authenticity; XBIT DEX says the probability of the Zcash Orchard pool being exploited has dropped to 12%; BTC OG whale market update: short positions closed to take profit, and long positions’ unrealized losses narrowed to about $172.498 million; and there are statements from sources in Palestinian leadership.
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