The spot bitcoin etfs had their worst outflows week since june ended and that totally dragged the price down hard. 🖤
Although eth etfs saw a bit less net outflows overall the picture looks way darker with zero green days at all. 😭
BTC Funds Draining Like Crazy 💸
The week kicked off rough with almost 90 million in net outflows from the start. Btc price got rejected at 87000 and crashed by a couple grand that same day. It bounced a tad tuesday when flows flipped positive with 118.86 million pouring in. 👀
Wednesday and thursday flipped to nightmare mode tho with outflows hitting 487.07 million and then 244.13 million. Btc took a massive hit dropping to a two week low at 80400 on thursday. 🌑
Friday brought tiny inflows of just 21.13 million which wasnt enough to fix the damage so the week closed at 681.10 million net outflows the highest since june. Total inflows fell from 57.79 billion down to 57.11 billion. 😈
Eth Etfs Looking Even Darker Lmao 🌑
Eth etfs started with 50.76 million outflows and it got worse tuesday at 201.89 million then 160.77 million wednesday. Red days kept rolling with 72.54 million thursday and 56.10 million friday. 💀
Thats five straight red days stacking on four more before so no green since september 28. Totals slid from 13.95 billion to 13.26 billion. 😭
Eth price stalled around 2800 for weeks but sank below 2700 midweek to 2400 before creeping back above 2500 rn. 🚀
Just another echo from the void by iconofsin.eth 💖
