Data: BTC downturn may exceed previous declines, and in the absence of significant bullish catalysts, buying interest will be difficult to recover.
According to a report by BIT Official analysts cited by ChainCatcher, over the past 30 days, the combined capital flows of stablecoins, MicroStrategy, and Bitcoin ETFs have turned into a net outflow, reaching a record $8 billion, indicating that institutional investors are proactively reducing their risk exposure before the summer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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