Bitcoin whales on the move! 🐋
- On-chain data shows a significant decline in Bitcoin outflows by major holders.
- BTC remains above $68,000, with whales moving from 1,650 BTC outflows to 211 BTC inflows.
- New whale addresses increased by 813% since the beginning of the year to 1.97 million BTC.
- Interest in US-based spot BTC ETFs is increasing, with $2.1 billion inflows.
- However, lower trading volumes could dampen price volatility.
Source: IntoTheBlock, CryptoQuant, crypto.news