BITCOIN ETF WITNESSES RECORD OUTFLOW OF $3.5 BILLION
🔸 Bitcoin Spot ETF in the US is experiencing its worst month in history with $3.5 billion withdrawn, BlackRock's IBIT alone lost $2.2 billion, although the total cash flow since its launch is still +57.6 billion USD.
🔸 The cash flow continuously rotates, with one day attracting +523 million USD, two days later withdrawing -903 million USD, then returning to +238 million USD, showing that investors are constantly changing positions quickly.
🔸 Trading volume set a record of $11.5 billion in one day, but the cash flow shows that the profit-taking mentality is winning, not accumulation buying.
🔸 According to Citi Research, every $1 billion withdrawn from ETFs could cause Bitcoin to fall by about 3.4%, in line with November's sharp decline.
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