The net outflow of Bitcoin this week reached 540 million US dollars, the highest amount since June 2023
According to IntoTheBlock data, since the launch of the spot Bitcoin ETF in January, the net outflow of Bitcoin from exchanges has been increasing every week. This week's net outflow reached $540 million, which is the highest amount since June 2023.
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According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
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