Spot Bitcoin ETF inflows fall, but BTC whale activity points to bull market acceleration
Bitcoin (BTC) experienced a significant decline in spot ETF inflows, dropping over 90% from $3 billion in late April to $228 million this week. Historical data shows that reduced ETF inflows often correlate with BTC price declines. Notable periods include Q1 2024, where $11.39 billion in inflows led to a 57% price increase, and Q3 2024, which saw $16.8 billion inflows fueling a 66% rally. However, price corrections followed when inflows slowed. In Q1 2025, despite $3.8 billion inflows coinciding with a peak price of $110,000, prices ultimately fell. Recent whale activity indicates short-term selling pressure, with whales offloading BTC between $100,000 and $105,000. Despite this, long-term buying pressure remains strong, suggesting the current dip may be a correction rather than a reversal.
