According to ChainCatcher, OKG Research analyzed that from July 29 to the time of publication, according to OKLink data, the large outflow of BTC on the chain (US$5 million and above) was 37,194 BTC, about US$2.486 billion; there was no large inflow of BTC on the chain (US$5 million and above), and the net outflow on the chain was US$2.486 billion. (Inflow/outflow refers to the inflow/outflow from the exchange to the chain.)

The large outflow on the chain exceeded the large change of the "US Government" address in the early hours of this morning (US$2 billion), which is 19 times the average daily inflow of funds in the Bitcoin spot ETF channel.