American investors continue to take advantage of small dips in Bitcoin.
- From Coinbase, 10,862 BTC was transferred at a price of approximately $96,213 per BTC.
- 8,625 BTC left the exchange at a price of approximately $95,874 per BTC.
In total, 19,487 BTC has been withdrawn at an average price of $96,043 per BTC, with a total value of approximately $1.87 billion.
These large transactions indicate strong and ongoing interest from institutional investors in Bitcoin. After the approval of the spot Bitcoin ETF, demand from institutions has significantly increased. With interest from retail investors potentially joining soon, Bitcoin appears ready to surpass the $100,000 mark in the near future.