Crypto ETF outflows and risk-off sentiment
Spot bitcoin ETFs lost about $399M and ether ETFs about $140M on Monday. Traders describe a nervous market with whale selling in AAVE and WLD.
What we know
@TheBlockCo reports IBIT shed $405.3M. An account on X tracks a whale depositing about $51M of AAVE and WLD to exchanges. Another account on X calls the market nervous, and another account on X polls on buying the dip.
Sources
@TheBlockCo
“IBIT shed $405.3 million on Monday”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.