Bitcoin and Ethereum Face Major Capital Outflows

Bitcoin and Ethereum have seen substantial capital outflows in both spot and futures markets. Over the past 24 hours, Bitcoin’s spot net outflows reached $147.3 million, while Ethereum’s were $97.1 million. Over the past week, Bitcoin’s spot outflows totaled $954.8 million, and Ethereum’s were $311.9 million. In the futures market, Bitcoin experienced $748.9 million in outflows over 24 hours and $5.21 billion over the week. Ethereum futures saw $701.3 million in outflows in the last 24 hours and $5.47 billion over the week. These persistent outflows are contributing to downward price pressure on both cryptocurrencies.