Bitcoin remains flat at $96,000... Spot ETFs see net outflows for third consecutive trading day

As Bitcoin (BTC) prices remain flat in the $95,000-$96,000 range, Bitcoin spot exchange-traded funds (ETFs) have seen an increase in net outflows, with the third consecutive trading day.
However, some analysts have said that short-term investors' selling of Bitcoin has weakened. At 9:31 a.m. on the 14th, according to CoinMarketCap, Bitcoin was down 1.2% from the previous day.
It recorded a price of $96,828 (approximately 14.77 million yen), down 0.94% from the same time. Bitcoin was trading at the $97,000 range the previous day, but fell to $95,000 at one o'clock that morning.
The Bitcoin spot ETF recorded a net outflow for three consecutive trading days.
A total of $251 million was withdrawn from the Intangible Capital ETF, a significant increase from the $56.7 million outflow on the 11th (local time).
Cryptocurrency analysis company Glassnode announced on its website the previous day that the US Consumer Price Index (CPI) for January is expected to reach 1.1 billion yen.
"However, the scale of realized losses by short-term Bitcoin investors has decreased," the report said.
A decrease in the magnitude of losses means that the number of investors selling at a loss has decreased or the loss margin has decreased.
He also said, "Earlier this month, realized losses by short-term investors peaked at around 55,000 bitcoins, and have now fallen to 38,000 bitcoins," adding, "This is an average annual rate."
"This means that short-term investors are feeling less pain than in previous downturns," he said, adding, "The size of realized losses for long-term investors is negligible."
He emphasized.