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2024-09-04 08:51 UTC

Institutional BTC Sales Indicated by Large Deposits to Binance

Institutional BTC Sales Indicated by Large Deposits to Binance

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

Analysis

Lookonchain

@lookonchain

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