Glassnode: Increasing institutional selling pressure exacerbates market risk aversion
4hours ago
According to Odaily Planet Daily, Glassnode published a post on the X platform stating that amid recent market weakness, selling pressure on US spot ETFs has continued to increase. Bitcoin ETFs have seen outflows as high as 42,000 BTC, while Ethereum ETFs have seen outflows as high as 111,000 ETH, exacerbating the market's widespread risk aversion.
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