Bitcoin ETFs Bleed $773 Million in Two Days
Bitcoin faced renewed selling pressure late last week as spot exchange-traded funds recorded heavy withdrawals. Data showed that Bitcoin spot ETFs registered combined outflows of about $773 million between October 22 and 23. Over the same two-day period, Bitcoin fell 3.45%, extending its decline as the market moved toward the weekend. Despite the weakness in ETF flows, activity among major Bitcoin holders appeared to be moving in a different direction. A CW8900 analyst observed that the 12-month change in whale holdings was approaching positive territory, indicating that large holders were easing their net selling activity. According to the analyst, whale…





