⚠️Whale Escape? Major U.S. Investors Dump Bitcoin, Warning Signals Sound!

Bitcoin has fallen from a recent high of nearly $98,000 to $94,000, possibly hiding a collective sell-off by major U.S. investors. One key signal—the Bitcoin price premium (Premium Gap) on U.S. exchanges has turned negative again, indicating that selling pressure from the U.S. is dominating the market.

According to on-chain data, when Bitcoin prices on U.S. exchanges are lower than the global average, it often signifies that local investors are offloading their holdings en masse. Currently, this premium stands at -5.07, closely aligning with the recent decline in Bitcoin's price.

However, not everyone is fleeing. On May 5th, net inflows into Bitcoin ETFs reached as high as $425 million, with BlackRock contributing over $530 million. Former MicroStrategy also spent a hefty $180 million to increase its holdings by 1,895 BTC, maintaining a bullish outlook.

In summary: U.S. whales are reducing positions, exerting pressure, but institutional capital is accelerating its entry, and market sentiment is at a critical juncture. In the coming days, the flow of funds may determine the next major market trend.