Bitcoin’s $751M Meltdown: Are the Big Players Bailing? 🚨💸
CoinShares’ weekly report paints a grim picture: $795 million in outflows from the crypto market, with Bitcoin alone bleeding $751 million. This mass exodus, one of the largest of the year, comes as Bitcoin’s price hits a wall, like a drunkard stumbling into a brick alley. James Butterfill, the Head of Research at CoinShares, notes that since early February 2025, digital asset investment products have seen cumulative outflows of $7.2 billion, wiping out nearly all year-to-date gains. Three weeks of declines, with Bitcoin leading the charge—or rather, the retreat. 🏃♂️💨