CoinsAQ summary · neutral
Bitcoin Bleeds $719M But Outflows Lack Short Bets Signaling Weak Bearish Conviction
What happened
Amidst a broader market downturn, Bitcoin investment products faced $719 million in outflows over the past week, but there was no significant uptick in short-bitcoin product demand. This meant that bearish sentiment may lack conviction and could prove short-lived. Across the.
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