Bitcoin Outflows Rise, But Bulls See Buying Chance

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Heavy ETF outflows are being interpreted as a reflection of retail panic rather than institutional conviction.

Analytics platform Santiment is contending that the combined net outflow of almost $300 million that hit US spot Bitcoin ETFs on Monday points to a potential dip-buying opportunity.

According to them, outflows of such sizes are often a sign of retail fear and have acted as reliable contrarian indicators for price bottoms in the past.

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