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Bitcoin’s 38% plunge just revealed who has paper hands — and it wasn’t ETF buyers

By Gino Matos at 2026-05-03 10:46

Sentiment: Unknown

The March and April 2026 drawdown has structural consequences, as Bitcoin ETF holders stayed steady. Bitcoin sits near $78,000, roughly 38% below the $125,761 peak from Oct. 6, and US spot Bitcoin ETFs pulled in $1.32 billion in March, reversing a four-month outflow streak. Then, the ETFs added another $2.42 billion in net inflows between […] The post Bitcoin’s 38% plunge just revealed who has paper hands — and it wasn’t ETF buyers appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #ETF #Featured

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