CoinEx Daily: Bitcoin and Ethereum Face Selling Pressure with Significant ETF Outflows

Daily View

Bitcoin faces potential selling pressure following net inflows of 549.06 BTC to centralized exchanges over the past 24 hours. Concurrently, U.S. spot ETFs saw significant withdrawals yesterday, with Bitcoin and Ethereum funds recording net outflows of approximately $352.1 million and $36.7 million, respectively. Macro news includes the Atlanta Fed raising its U.S. Q4 GDP growth forecast and U.S. M2 money supply hitting a record high.