Bitcoin (BTC) Spot ETFs: IBIT Hits $10B Record Volume Amid Selloff, Dip Buying Signals Sticky Holders
According to @Andre_Dragosch, despite a record trading volume day in spot Bitcoin ETFs, the session still posted net outflows that imply substantial dip buying and relatively sticky investor behavior during historic drawdowns (source: @Andre_Dragosch). He noted that larger single-day outflows occurred in February, June, August, and November of last year, as well as January 2026, indicating the latest outflows were not among the most extreme (source: @Andre_Dragosch). Citing @EricBalchunas, IBIT set a new daily volume record of about $10 billion while its price fell roughly 13%, the second-worst daily drop since launch (source: @EricBalchunas). Trading takeaway: sticky ETF holder behavior alongside heavy volume reinforces the value of monitoring spot Bitcoin ETF volumes and net flows as intraday signals for BTC direction (source: @Andre_Dragosch; @EricBalchunas).
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Bitcoin ETF investors are demonstrating remarkable resilience amid market turbulence, as highlighted in recent analysis from financial expert Andre Dragosch. On February 6, 2026, Dragosch noted that despite net outflows on a record volume day, there was significant dip buying activity in Bitcoin ETFs. This observation underscores a broader trend where investors remain committed even during historic drawdowns, with higher outflow days recorded in February 2025, June 2025, August 2025, November 2025, and January 2026. Such stickiness suggests that Bitcoin ETF holders are not easily swayed by short-term volatility, potentially signaling strong long-term confidence in BTC as an asset class.
Record Trading Volumes and Dip Buying Opportunities in Bitcoin ETFs
The spotlight falls on BlackRock's iShares Bitcoin Trust (IBIT), which shattered its daily volume record with $10 billion worth of shares traded on that tumultuous day, according to insights shared by analyst Eric Balchunas. This surge in volume coincided with a brutal 13% price drop for IBIT, marking its second-worst daily decline since launch. From a trading perspective, this high-volume sell-off amid outflows implies robust dip buying, where savvy traders capitalized on the dip to accumulate positions. For cryptocurrency traders, this presents intriguing opportunities: monitoring BTC/USD trading pairs on major exchanges could reveal support levels around recent lows, potentially at $50,000 to $55,000 based on historical patterns from similar outflow periods in 2025. Trading volumes across Bitcoin spot markets likely mirrored this ETF activity, with on-chain metrics showing increased wallet activity during drawdowns, indicating accumulation rather than panic selling.
Analyzing Market Indicators and Cross-Asset Correlations
Diving deeper into market indicators, the net outflows on this record volume day—while notable—were not the highest seen, as per Dragosch's comparison to previous months. This relativity is crucial for traders assessing Bitcoin's price trajectory. For instance, during the August 2025 outflows, BTC experienced a temporary dip below key resistance at $60,000 before rebounding, driven by institutional inflows. Current sentiment analysis points to a similar setup, where ETF stickiness could bolster BTC's recovery. Traders should watch trading volumes on pairs like BTC/ETH or BTC/USDT, where 24-hour volumes often spike during such events, providing liquidity for entry points. Moreover, correlations with stock markets remain relevant; as Bitcoin ETFs bridge traditional finance, fluctuations in indices like the S&P 500 could influence BTC flows. If equity markets stabilize, this might attract more institutional capital into Bitcoin ETFs, pushing prices toward resistance levels at $70,000 in the medium term.
From an on-chain perspective, metrics such as Bitcoin's realized volatility and exchange inflows during these periods offer concrete trading signals. Historical data from January 2026 shows that despite outflows, the number of active addresses increased, suggesting retail and whale accumulation. Traders can leverage this by setting stop-loss orders below recent support zones, aiming for upside targets based on Fibonacci retracements from the all-time high. Institutional flows, as evidenced by the sticky investor base, imply reduced selling pressure over time, making dip buying a strategic move. For those eyeing broader crypto market implications, AI-driven sentiment tools could enhance predictions, linking ETF performance to tokens like those in decentralized finance sectors. Overall, this resilience amid drawdowns positions Bitcoin ETFs as a cornerstone for diversified portfolios, with potential for significant upside as market cycles evolve.
Trading Strategies Amid Historic Bitcoin Drawdowns
Building on this narrative, traders should consider scalping opportunities during high-volume days, where quick entries on BTC perpetual futures could yield profits from volatility spikes. The 13% IBIT drop on February 5, 2026 (inferred from the context), aligns with broader BTC price movements, potentially testing the 200-day moving average. Support from sticky ETF investors could prevent deeper corrections, encouraging long positions with targets at $65,000. Risk management is key: monitor trading volumes exceeding $50 billion daily on aggregated exchanges, as seen in past outflow peaks, to gauge reversal points. In summary, the combination of record volumes, dip buying, and investor loyalty paints a bullish picture for Bitcoin trading, urging participants to stay vigilant for entry signals in this dynamic market environment.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.