Bitcoin Whales Accumulate $16.7B as ETF Outflows Signal Institutional Caution
Bitcoin Surges 2.5% on Weak Jobs Data as Whales Accumulate $16.7B—But ETF Outflows Signal Institutional Retreat Bitcoin opened Friday, July 3, 2026, up 2.5% at $61,492.99, while Ethereum jumped 5.6% to $1,698.37, marking a significant weekend recovery following June’s brutal 20.48% decline. The rally was sparked by weaker-than-expected June employment data showing only 57,000 new…