Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|6ๆœˆ 04, 2026 13:03
๐Ÿšจ BlackRock's ETFs have bled $2.24B โ€” 30,119 BTC and 162K ETH outflows in 10 days, the largest sustained institutional withdrawal since launch. ๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: When the dominant buyer becomes the dominant seller, the bid that props up drawdowns disappears. This isn't a fire-sale โ€” it's a persistent overhang. $1.92B in BTC outflows represents ~0.15% of circulating supply, making any bounce harder to sustain. For ETH, the $320M drain compounds with existing treasury sell-offs. Until flows stabilize, the path of least resistance stays lower. BTC key support at $53,800 was tested during the recent capitulation wave โ€” a break below opens the door to $50K. ETH faces similar pressure with no clear institutional bid forming. On-chain: https://arkm.com/explorer/entity/blackrock --source: https://x.com/lookonchain/status/2062518260084732385 Track real-time signals & trade โ†’ https://hupzy.com/trending(Hupzy (Spot On Chain))
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