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Institutions Selling Bitcoin with Large Deposits to Binance | Flash News Detail | Blockchain.News
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9/4/2024 4:51:43 PM

Institutions Selling Bitcoin with Large Deposits to Binance

Institutions Selling Bitcoin with Large Deposits to Binance

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

Lookonchain

@lookonchain

Looking for smartmoney onchain