Bitcoin Plunges Below $81K Despite $1 Billion in ETF Inflows
- —BTC hit an intraday low of $80,836, down nearly 4% on the day
- —Crypto long liquidations topped $412 million; shorts wiped out $43 million
- —Spot bitcoin ETFs drew over $1 billion in inflows across three sessions
- —The ETF cohort's average cost basis sits at $84,333, capping upside near $84K
Why it matters: The gap between record ETF inflows and falling prices shows institutional demand is not yet offsetting macro pressure and trader selling.
Source: Bitcoin.com
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