Bitcoin ETFs just pulled $2 billion in 8 days while short-term holders quietly started selling
CoinDesk
U.S. Bitcoin ETFs saw $2.1 billion in inflows, yet short-term investors are aggressively taking profits as prices approach critical resistance levels.Summary
U.S. spot Bitcoin ETFs have recorded an eight-day inflow streak totaling $2.1 billion, mirroring patterns seen during previous market highs. While BlackRock’s IBIT drives much of this demand, pushing Bitcoin toward $78,000, on-chain data from Glassnode reveals that short-term holders are capitalizing on this liquidity to exit positions. With realized profits from short-term holders hitting triple the levels typically associated with local market tops, the sustainability of this rally remains contested as the market approaches the critical $80,100 cost basis threshold.
(Source：CoinDesk)