Bitcoin Slips Into Risk Zone Amid Rising Institutional Liquidation

Bitcoin is coming under renewed pressure as continued outflows from U.S. spot Bitcoin ETFs add to broader selling activity, according to Swissblock. The analytics firm noted that this sustained institutional withdrawal has pushed its Bitcoin risk index higher, reaching 33 out of 100, indicating increased downside pressure.

Supporting this trend, Glassnode reported that spot Bitcoin ETFs have experienced net outflows on most trading days since May 7, pointing to persistent institutional selling.

Adding to the picture, CoinEx analyst Jeff Ko estimated that these funds have recorded more than $2 billion in total outflows over the past two weeks, reflecting subdued investor appetite.

Alongside these financial flows, geopolitical developments have also contributed to market uncertainty, with tensions between the United States and Iran drawing attention after recent military actions. In response to these combined pressures, Bitcoin briefly declined from around $77,000 to below $76,500 on Coinbase, as markets continue to react to shifting sentiment and ongoing global developments.

Source: Swissblock, Glassnode, and Jeff Ko