Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?
Bitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed. Is sub-$70,000 BTC next?
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Significant outflows from BlackRock's Bitcoin ETF could exacerbate market volatility, highlighting investor sensitivity to price fluctuations. The post BlackRock’s Bitcoin ETF just posted its worst single-day outflow ever at $527.8M appeared first on Crypto Briefing.
Read full articleBitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed. Is sub-$70,000 BTC next?
The Bitcoin slump and ETF outflows highlight increased market volatility, driven by geopolitical tensions and potential Fed rate hikes impacting liquidity. The post Bitcoin slumps below $73,000 as ETF outflows hit $733 million appeared first on Crypto Briefing.
BlackRock's Bitcoin sale signals potential market volatility, highlighting the influence of institutional actions on cryptocurrency sentiment. The post BlackRock ETF offloads $527.8M Bitcoin, impacting market sentiment appeared first on Crypto Briefing.
Eight straight days. That is how long US spot Bitcoin ETFs have been bleeding money, with more than $2 billion in net outflows recorded since May 14 — and Tuesday’s session added another ugly chapter to that streak. Related Reading: HYPE Price Breakout Ignites Rally Talk Toward $170 Target A Sell Order Like No Other A single trader sold over 29 million shares of BlackRock’s iShares Bitcoin Trust ETF on Tuesday through a dark pool, a private trading platform used by institutions to quietly execute large orders away from public markets. The transaction, valued at $1.3 billion, was executed at $43.16 per share at 2:30 pm UTC. Alex Thorn, head of firmwide research at Galaxy Digital, said it was the biggest dark pool trade in the fund he had ever seen. Bloomberg ETF analyst Eric Balchunas added more weight to that claim, pointing out that the sell order was more than 22 times larger than the second-biggest IBIT sell order recorded on the same day. The identity of the trader has not been dis
The post Bitcoin Fall Was Triggered By $1.3 Billion IBIT Dark Pool Sale appeared on BitcoinEthereumNews.com. An unknown trader’s $1.3 billion sale of shares in BlackRock’s Bitcoin exchange-traded fund on Tuesday coincided with a steep fall in the price of Bitcoin, according to analysts. A trader sold 29.2 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) at 2:30 p.m. UTC on a “dark pool,” a private trading platform that institutions often use to discreetly make large trades outside of public markets. The impact of the $1.3 billion trade was immediately felt in the crypto market, with TradingView data showing that Bitcoin (BTC) fell 1.5% from $77,875 to $76,720 in a short 10-minute window after 2:30 p.m. UTC. Bitcoin then slid further to a 24-hour bottom of $75,600 about 12 hours later, marking a 2.8% fall for the day. Bitcoin has historically been viewed as an asset that trades outside of the traditional market, but products such as US-based Bitcoin ETFs have removed barri
The post LINK Leads Exchange Outflows as Crypto Reversal Signals Build appeared on BitcoinEthereumNews.com. Rising crypto exchange outflows may point to early bullish market positioning. LINK leads in the top 10 Binance exchange outflows since the beginning of May. Large crypto outflows can indicate growing accumulation and reduced sell-side pressure. The cryptocurrency market has faced a difficult first half of the year since the beginning of 2026, succumbing to initial pullbacks before entering a protracted sideways channel. However, underlying indicators that are not often visible on the charts suggest the trend may be on the verge of a reversal. Exchange Flows Leave Early Signals A recent report by a CryptoQuant analyst identified key elements signaling an upcoming bullish cryptocurrency market. The analyst focused on on-chain factors such as exchange flows that are historically known to provide early pointers to potential price trends in the crypto market. Typically, exchange flow
The biggest names in Bitcoin ownership quietly moved billions of dollars worth of the asset in the most recent week. Bitcoin held its ground above $74,000 when BlackRock’s iShares Bitcoin Trust (IBIT) shed over a billion dollars in BTC through consecutive daily redemptions, and a Satoshi-era miner shifted $203 million to over-the-counter trading desks, showing […]
Bitcoin price fell to below $75,000 on Wednesday, touching $74,600. ETF outflows and broader market headwinds mean downside pressure remains. Analysts say the current price outlook includes a “dangerous divergence”. Bitcoin briefly dipped below the $75,000 mark on Wednesday, extending losses from recent highs. The decline came as selling pressure persisted and spot ETF outflows […] The post Bitcoin retests support below $75,000 as downside pressure holds appeared first on CoinJournal.