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coinpedia 2024-06-19 15:45:49

Bitcoin Long-Term Holder Sell $1.2B in Two Weeks as ETF Netflows Turn Negative

The post Bitcoin Long-Term Holder Sell $1.2B in Two Weeks as ETF Netflows Turn Negative appeared first on Coinpedia Fintech News Bitcoin’s price has faced considerable selling pressure, plunging to approximately $65,000. Recent data from CryptoQuant revealed that the Bitcoin market has witnessed significant activity, with long-term holder whales offloading $1.2 billion worth of Bitcoin in the past two weeks. Notably, this massive sell-off aligns with negative netflows observed in Bitcoin ETFs over the same timeframe. …

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