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BTC Sees $1.7B Net Outflows Indicating Whale Accumulation | Flash News Detail | Blockchain.News
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8/9/2024 2:13:59 PM

BTC Sees $1.7B Net Outflows Indicating Whale Accumulation

BTC Sees $1.7B Net Outflows Indicating Whale Accumulation

According to @intotheblock, Bitcoin (BTC) experienced a significant net outflow of $1.7 billion from exchanges over the past week, marking the largest outflow in over a year. This trend suggests that large-scale investors, often referred to as 'whales,' are accumulating BTC during the recent market downturn.

Source

IntoTheBlock

@intotheblock

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