• ETF Outflows as a Contrarian Signal: Over $4 billion left Bitcoin ETFs in three weeks, including a $737.7 million single-day exit — a pattern that has preceded local bottoms in past cycles.
• Whales Hold, Retail Reaches: Large wallets quietly added about 15,000 BTC since May 20 while the smallest wallets kept buying, a divergence Santiment treats as a top-tier signal worth watching.
• Crypto Decouples from Stocks: The S&P 500 hit new highs above 7,580 as Bitcoin fell 11.5% since May 6, a split that has historically resolved with Bitcoin catching up.

Crypto closed the week under pressure while equities ran hot. Bitcoin shed roughly 5%, briefly touching the low…