BTC near $84K: weekly ETF inflows hit $2.7B as perp traders turn sellers
- —Weekly spot bitcoin ETF net inflows jumped 368% to $2.7 billion
- —Perpetual CVD fell to -$261.5 million as aggressive sellers took over
- —Long-side funding payments dropped 53.2% to $1.2 million; futures OI at $38.9 billion
- —Nearly three quarters of BTC supply is in profit, with realized profit-taking above its band
Why it matters: ETF demand and fresh capital are underpinning prices, but perp selling and profit-taking are capping upside.
Source: Bitcoin Insider