Foresight News reports that CryptoQuant CEO Ki Young Ju tweeted that the annual number of CoinJoin transactions, a mixing service, has doubled over the past two years, with 1.55 million BTC flowing into cumulative addresses in 2024, mainly related to ETFs, MicroStrategy, and custodial wallets. Meanwhile, large whales often use privacy transactions to transfer funds to new institutional investors.
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Data: 1.55 million BTC flowed into cumulative addresses this year, mainly related to ETFs, MicroStrategy, and custodial wallets
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