🔴Breaking News🔴
Grayscale has again transferred 4,141 BTC to Coinbase Prime Deposit address. (worth 291 million dollars) few minutes ago as Expect the market to keep dipping today. While in an interview with Reuters, few minutes ago Grescale CEO Says $BTC ETF Outflows Are Reaching Equilibrium. Yesterday, the Spot BTC ETF saw an Outflow Worth $18,600,000.
Michael Sonnenshein said that some of the selling connected to settlements of #bankrupt crypto companies like FTX is "largely behind us." This was said after we have witnessed yesterday a huge sale of BTC by Grayscale after they sold hard yesterday.
6.2K $BTC or $441 Million USD worth were sent from the Grayscale BTC ETF SPOT Wallet to Coinbase and sold, this heavily affected the market yesterday as the price of BTC Dumped from $72K hitting a low of $68K.
💥Altcoins got heavily affected by this drop as most of the coins turned Red after a previous Green day, $SOL and ETH dumped hard as the main losers were mostly meme projects💥
✨ Expect Huge Volatility today, don't recommend opening Futures Trades as the market looks totally unpredictable. Guys remember that we are only 9 days away of the Bitcoin Halving, hence we should hold our coins strong while this week would be the final opportunity to buy your coins cheap✨
I will give another detailed chart update today...
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🖋️ By @CryptoVenom
