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We know who the publicly disclosed Bitcoin seller in the US is.
Bitcoin ETFs sold another $1.3 billion this week $BTC .
This is likely to become the third largest week of fund outflows in history.
The other three major outflow weeks are:
- March 2, 2025 @ $79k
- June 6, 2026@ $60k
- February 6, 2026@ $60k
So far this year, Bitcoin ETFs have sold $12.5 billion, of which $8.5 billion was sold during the period from $60k February to now.
They bought $6.7 billion this year, with a net outflow of $5.7 billion (2026).
Bitcoin absorbed $8.5 billion of ETF selling pressure while the price remained above $60k.
In my opinion, we are witnessing ETF capitulation.