Bitcoin ETFs: $571.59M Daily Net Outflow
@lookonchain reported Bitcoin ETFs posted a 1D net outflow of 6,998 BTC worth $571.59 million while Ethereum ETFs saw 19,381 ETH exit worth $46.54 million on October 23.
SourceAnalysis
@lookonchain data shows Bitcoin ETFs recorded a 1D net flow of -6,998 BTC (-$571.59M) against a 7D inflow of +4,312 BTC (+$352.18M), while Ethereum ETFs posted a 1D outflow of -19,381 ETH (-$46.54M) and a 7D outflow of -115,218 ETH (-$276.69M).
Bitcoin trades at $81,993.43 inside its Bollinger Bands with the upper band at $84,561.99 offering immediate resistance; the EMA50 at $82,351.12 continues to cap upside while the MACD death cross at -171.68 keeps the 4-hour structure bearish, suggesting any push toward the upper band will likely meet selling that returns price toward the EMA50 before the next directional move.
Lookonchain
@lookonchainLooking for smartmoney onchain