According to The Kobeissi Letter, U.S. technology stocks saw an average of $2.5 billion in weekly net outflows over the last four weeks, the largest since data began in 2008 (source: The Kobeissi Letter, Nov 20, 2025). The outflow pace is about $800 million larger than the previous record set in 2021 (source: The Kobeissi Letter, Nov 20, 2025). The source also reports investors sold $1.6 billion of tech stocks recently, highlighting the size of current selling (source: The Kobeissi Letter, Nov 20, 2025). For crypto traders, the source provides no direct data on BTC or ETH flows or correlations; any impact on crypto markets is not specified (source: The Kobeissi Letter, Nov 20, 2025).