TokenNewbie
A significant on-chain transfer worth following has occurred - 872 BTC were transferred from a Matrixport Address to a leading exchange, equivalent to 91.68 million USD.
Such a large-scale withdrawal often reveals two possibilities: either institutions are preparing to hold coins for the long term, or they are using over-the-counter bulk trading channels. In either case, this batch of chips is unlikely to flow back to the secondary market and create selling pressure in the short term.
The timing is quite subtle. The current market is looking forward to the reopening of the U.S. government, cou
Such a large-scale withdrawal often reveals two possibilities: either institutions are preparing to hold coins for the long term, or they are using over-the-counter bulk trading channels. In either case, this batch of chips is unlikely to flow back to the secondary market and create selling pressure in the short term.
The timing is quite subtle. The current market is looking forward to the reopening of the U.S. government, cou
BTC-0.79%

