Institutional cryptocurrency flows have turned negative with $8 billion exiting in 30 days

According to analysts, Bitcoin’s price decline from $82,000 to $62,000 may be more significant than the previous decline from $102,000 to $82,000.

Combined institutional inflows across spot bitcoin ETFs, stablecoins and the world’s largest bitcoin holder, Strategy, turned in a record $8 billion in net outflows in the past 30 days, according to an analysis published by BIT on June 22.

The magnitude of the reversal goes beyond just the slowdown seen in late 2025, with flows turning completely negative this time around, and the company warned that without a major catalyst, buying may not return soon.

ETF withdrawals and low liquidity weigh on sentiment

a little books In a June 22 post on

In fact, data from SoSoValue shows that funds tracking bitcoin drained $2.43 billion in May and have recorded net outflows of $2.26 billion so far in June, with more than a week to go. like CryptoPotato I mentioned Earlier, products remained in the red for six straight weeks, with the last week seeing nearly $227 million cleared, which was an actual improvement over the -$1.72 billion and -$316 million recorded in the previous two weeks.

Furthermore, CryptoQuant’s on-chain stablecoin data adds some texture to BIT’s claims, showing stablecoin reserves across all exchanges currently standing at $63.3 billion, with a 24-hour net inflow of -$103.7 million. A negative net flow means that more coins are being withdrawn than are being deposited, which often means that purchasing power is leaving the exchanges rather than accumulating.

According to analyst Markus Thelen, who wrote the market summary, flows declined in the fourth quarter of 2025 as well, but more importantly, at that time, they only stopped rather than actually reversing, and this difference is important in how to interpret the current decline in prices.

“This suggests that the move from $82,000 to $62,000 may be more significant than the previous drop from $102,000 to $82,000,” he wrote.

His assessment concluded that without a dovish trend from the Fed or another clear catalyst, there may be very little buying in the near term. However, he noted that selling volatility may still provide opportunities, even if “the upside appears limited.”

You may also like:

Meanwhile, Strategy favorite STRC stock apparently saw a major sell-off last week Cause By leveraged traders who dragged its price as low as $82.50. Although the company recently spent $100 million to add 1,587 Bitcoins to its stash, noted analyst Kallio to caution They may have to sell up to 50,000 bitcoins over the next two years.

Bitcoin is approaching $65,000

Over the weekend, bitcoin rose from around $63,000 to just over $64,000, according to CoinGecko data. However, early Monday morning, the OG cryptocurrency fell back near the $63,000 level, but at the time of writing it had recovered those losses and even managed to surpass $65,000, posting a modest 2% gain over two weeks despite the outflows.

But if BIT’s analysis holds up, it may be at the mercy of institutions conserving capital rather than increasing exposure, as its data suggests caution may shape the market’s direction in the second half of the year.