Institutions Selling Bitcoin with Large Deposits to Binance

9/4/2024 4:51:43 PM

According to Lookonchain, institutions appear to be selling Bitcoin as evidenced by Ceffu depositing 3,063 BTC, worth $182 million, into Binance since August 26. This significant movement of Bitcoin to a major exchange suggests a potential increase in selling pressure on the cryptocurrency. (Source)

Bitcoin Binance BTC Ceffu

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