Institutional Titans Replacing Early Bitcoin Holders in Largest Rotation Ever Seen
Bitcoin just absorbed a $9 billion sell-off of almost 80,000 units “without breaking stride,” said analysts at BTC financial services firm Swan on Wednesday.
The sell-off refers to last week’s market dump when BTC fell from just over $119,000 to around $115,000 in a few hours on July 25. A Satoshi-era whale, one of the few remaining OGs, cashed out, “and the market barely blinked.”
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Spot Bitcoin ETFs See Inflows 29 of 33 Days – Here’s Why That Matters
Institutional Titans Replacing Early Bitcoin Holders in Largest Rotation Ever Seen
Bitcoin just absorbed a $9 billion sell-off of almost 80,000 units “without breaking stride,” said analysts at BTC financial services firm Swan on Wednesday.
The sell-off refers to last week’s market dump when BTC fell from just over $119,000 to around $115,000 in a few hours on July 25. A Satoshi-era whale, one of the few remaining OGs, cashed out, “and the market barely blinked.”
Read More