Bitcoin remains subdued as ETF outflows persist and fear sentiment weighs on momentum.

Notable Statistics:

Coinglass data shows 95,957 traders were liquidated in the past 24 hours for $202.18 million.       

SoSoValue data shows net outflows of $133.3 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $41.8 million.

In the past 24 hours, top gainers include Injective, Kite and UNUS SED LEO.

Notable Developments:

Trader Notes: Network economist Timothy Peterson noted Bitcoin is on the verge of posting five consecutive negative monthly closes, a pattern seen only three times before. Once during the 2011 bear market and twice during the 2018 bear…

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