Fidelity has sold Bitcoin tokens worth more than $75 million. The move comes at a time when Spot Bitcoin ETF recorded an outflow for the second consecutive day. The transaction involved approximately 671 tokens. Meanwhile, BTC Price is hovering around a crucial resistance level at the moment.
According to a report by Whale Insider, Fidelity (FBTC) has sold 671.38 Bitcoin tokens recently. Their value is estimated to be around $75.6 million at the time of the transaction. Data by Farside reflects the same number. It additionally reflects the total outflow of $103.8 million from Spot Bitcoin ETF on September 23, 2025. Bitwise and Ark Invest also recorded outflows yesterday.
JUST IN: Fidelity sells 671.38 $BTC worth $75.6 million. pic.twitter.com/HoBScCdp8A
— Whale Insider (@WhaleInsider) September 24, 2025
BlackRock marked an inflow of $2.5 million, but that was insufficient to cover the draining of funds. Invesco also reported an inflow of $10 million for a total inward movement of $12.5 million. However, outflows worth $12.8 million and $27.9 million from Bitwise and Ark Invest, respectively, led to the negative margin on the chart.
This is for the second consecutive day that Spot Bitcoin ETF has noted an outflow. The previous outward movement of the fund was for $363.1 million, led by Fidelity. FBTC reported an outflow of $276.7 million, which was credited to the sale of BTC.
Ark Invest also reported an outflow of $52.3 million, along with VanEck and Grayscale. The cumulative total inflow for Spot Bitcoin ETF stands at $57.21 billion as of September 23, 2025. It remains to be seen how the remaining week turns out for Spot Bitcoin ETF.
BTC price is currently listed at $112,664.81, down by 0.37% in the last 24 hours. It further reflects that the BTC price has plunged by 3.83% over the past week. The 24-hour trading volume is down by 14.66% to around $49.29 billion.
BTC price is testing the closest resistance level of $113,006. A slight surge could be recorded when Bitcoin token reclaims the said milestone. The support level rests within the range of $111,278 and $109,550. The majority of Bitcoin Oscillators are showcasing neutral sentiments amid the volatility of 2.27%.
Nevertheless, short-term BTC price prediction estimates the flagship cryptocurrency to surge by 4.41% in the next 30 days. That would take the value to around $117,154.
It is important to note that the contents of this article are neither recommendations nor advice for crypto trading and investment. Do thorough research and risk assessment before fund allocation.
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