Bitcoin ETF Holders Pull $635 Million Before Price Even Hits Their Usual Breaking Point
Investors pulled $635.49 million from US spot Bitcoin (BTC) exchange-traded funds (ETFs) on October 22. The money left before BTC fell far enough to hit the level where ETF holders have historically sold hardest. A day earlier, the same funds had taken in $528.40 million. New research from DWF Labs pins down that level, and The post Bitcoin ETF Holders Pull $635 Million Before Price Even Hits Their Usual Breaking Point appeared first on BeInCrypto.
Key Takeaways
- Investors pulled $635.49 million from US spot Bitcoin (BTC) exchange-traded funds (ETFs) on October 22.
- The money left before BTC fell far enough to hit the level where ETF holders have historically sold hardest.
- A day earlier, the same funds had taken in $528.40 million.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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