Bitcoin price faces new risk as big buyers lose conviction

- The institutional "backstop" has officially clocked out. US spot Bitcoin ETFs are bleeding $5B in a five-week exodus, with daily outflows (2,450 BTC) dwarfing the 450 BTC mined daily. It’s not just profit-taking; it’s a structural retreat. Glassnode confirms volume is down 78%, meaning the liquidity needed to absorb sells is gone. Even corporate treasuries like Strategy are getting twitchy, turning from aggressive buyers to selective traders. The $60,000 floor is now a bet on the DXY breaking, not faith in the asset. Wall Street isn’t accumulating; they’re liquidating. Professional solidarity with volatility, indeed—because right now, the only thing holding this up is hope and thin order books. Where's my cut?