ETF outflow of 160k BTC, the largest historical drawdown, the 73k cost line has been broken, institutions are also cutting losses.

View Original
WuSaidBlockchainW
CryptoQuant analyst Darkfost stated that liquidity outflows from Bitcoin ETFs are continuing. Since 2026, more than 100k BTC have flowed out of ETF issuer reserves, marking the first time this scale has been reached since the launch of spot Bitcoin ETFs. Darkfost noted that calculated from the peak ETF holdings in October 2025, the cumulative sell-off by related entities has exceeded 160k BTC, with estimated losses of over $11 billion by value, representing the largest historical drawdown. He also pointed out that the realized price of ETF holdings is approximately $73k, meaning many ETF-related holders are currently in an unrealized loss position.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned