Planet Midday News

1. Bitcoin spot ETFs saw a total net outflow of $903 million yesterday, the second highest in history;

2. The Ethereum spot ETF saw a total net outflow of $262 million yesterday, marking the eighth consecutive day of net outflows;

3. Opinion: BTC is likely to find support at $81,800 or $74,800, with $74,800 potentially being the bottom of this bear market.

4. Opinion: The recent decline in the crypto market was mainly driven by retail investors selling off Bitcoin and Ethereum spot ETFs;

5. The total market capitalization of cryptocurrencies fell to $3.042 trillion, a 5.5% decrease in the last 24 hours;

6. Tom Lee: The deleveraging cycle in the crypto market may be nearing its end;

7. Ark Invest increased its holdings in Circle, BitMine, and Robinhood yesterday;

8. A whale that previously borrowed cryptocurrency to short 66,000 ETH has once again increased its holdings of ETH by more than $162 million, bringing its total holdings to 432,718 ETH.

9. A whale that profited $24.48 million from short selling withdrew 57,700 ETH from Binance this morning.