✉news BusinessCrypto first seen 1 d ago, last 23 h ago, peak #8
Bitcoin sees $258 million in daily net outflows
Original: 1D NetFlow: -3,209 $Bitcoin (BTC.CC)$ (-$257.7M)🔴 7D NetFlow: -5,250 $Bitcoin (BTC.CC)$ (-$421.57M)🔴
Bitcoin recorded net outflows of 3,209 BTC over the past day, worth roughly $257.7 million, extending a weekly outflow of 5,250 BTC, or about $421.6 million. Traders are watching whether the sustained negative flows point to weakening institutional demand or broader risk-off sentiment in crypto markets.
Why now: Sustained large Bitcoin outflows raise concerns about selling pressure and weak institutional demand.
Rank over time, top of the chart is #1. 3 snapshots from 1 d ago to 23 h ago.
Evidence
- 1D NetFlow: -3,209 $Bitcoin (BTC.CC)$ (-$257.7M)🔴 7D NetFlow: -5,250 $Bitcoin (BTC.CC)$ (-$421.57M)🔴 · Moomoo
API: https://socialmediatrends-api.osmike.com/v1/trends/2369309