Institutions Dumping #Bitcoin ? ๐ง
Ceffu, a big-time crypto custodian for institutions, just sent another 121 #BTC (about $7.1 million) to #Binance . This is huge! Since July 31, they've dumped a total of 3,691 $BTC (over $218 million) onto Binance. ๐คฏ
Could this be a sign that institutions are losing faith in Bitcoin? ๐ณ๐ฆ It's definitely something to watch. ๐ With this kind of volume coming from big players, it could have a significant impact on the market. ๐คท
What do you think? Is this the start of a bigger trend? DYOR!
Source: SpotOnChain ๐