Institutional BTC Sales Indicated by Large Deposits to Binance

9/4/2024 4:51:43 PM

According to @lookonchain, institutions appear to be selling Bitcoin. The hashtag #Ceffu has deposited 3,063 BTC, worth approximately $182 million, into the Binance exchange since August 26. This significant movement of Bitcoin could indicate potential selling pressure on the market. (Source)

Bitcoin Binance BTC institutions Ceffu

More from Lookonchain (@lookonchain): Looking for smartmoney onchain

---