The founder of Capriole Investments has highlighted how institutions have reversed course on Bitcoin recently, taking to selling once more. Bitcoin Has Seen Institutional Demand Turn Red Recently In a new post on X, Capriole Investments founder Charles Edwards has discussed the latest trend in the institutional demand for Bitcoin.
A dormant Bitcoin whale has burned more than $8 million worth of BTC after moving funds that had reportedly remained inactive for over a decade. According to Lookonchain, five wallets transferred a combined 107 Bitcoin worth roughly $8.
The significant outflows from Bitcoin and Ethereum ETFs highlight shifting investor sentiment and potential volatility in the crypto market. Bitcoin spot ETFs shed $334M in single day as Ethereum ETFs bleed $35M.
The significant outflows from Bitcoin and Ethereum ETFs highlight shifting investor sentiment and potential volatility in the crypto market. Bitcoin spot ETFs bleed $334M as Ethereum funds shed $35M in continued outflow streak.
The crypto market continued its downward trend on Wednesday as total market capitalization slipped nearly 1.5% to $2.53 trillion. Bitcoin price dropped close to 3%, falling to the $75K range, while Ethereum, XRP, Solana, Zcash, NEAR, and several altcoins also posted heavy losses.
Bitcoin dropped to $75,498 during Tuesdays Asian trading session, extending the recent disconnect between cryptocurrency markets and the global equity rally that pushed stocks to fresh record highs. While traditional markets continue climbing, major digital assets remain under pressure as traders closely monitor key technical signals.
What does the most recent $1.47 billion outflow indicate about the risk appetite of investors?
The sustained outflows from Bitcoin ETFs highlight shifting investor sentiment, potentially signaling broader market caution and volatility ahead. BlackRock clients sell $192.3M worth of Bitcoin as IBIT outflows extend to eight straight days.
Intentionally destroying more than 8 million dollars in bitcoin remains a very rare act, even in a market accustomed to excesses. However, an unknown user has just sent 107 BTC to one of the most famous and irrecoverable addresses in the Bitcoin network.
Cryptocurrency markets experienced significant selling pressure Tuesday following escalating military tensions between the United States and Iran, while equity markets demonstrated resilience amid the same geopolitical headwinds.
Corporate buyers are active, but retail participation's fallen lately.
An institutional participant executed a sale of 29.2 million IBIT shares from BlackRock's iShares Bitcoin Trust ETF at precisely 2:30 pm UTC on Tuesday, May 27. This $1.3 billion position was liquidated through a dark pool venue, which allows major players to complete substantial orders without exposing their intentions to public exchanges.