Are Bitcoin funds buying?
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US Bitcoin funds saw their biggest one-day exit since June 25, and ether funds lost another $160 million. Steady fund selling is the main thing pushing Bitcoin down right now.

Weekly fund outflows are the largest in three months, and Ethereum funds have had no up day since September 28. The selling is lasting more than one day, which makes it harder to shrug off.

A fresh transfer of coins by the US government set off a wave of forced selling on leveraged trades. Price has since recovered to about $83.7K, but the move showed how fragile positioning is.
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