INSTITUTIONAL BTC SELL-OFF ALERT! 🚨

Ceffu, a leading institutional custody and liquidity provider, has deposited a whopping 3,568 BTC ($211.6M) to Binance since July 31!

This massive transfer suggests that institutions are likely selling their Bitcoin holdings. A bearish sign for the market?

Implications:

- Institutional investors may be losing faith in BTC's short-term potential.
- Market sentiment could shift towards bearishness.
- Potential price drop ahead?

Keep a close eye on market movements!

#InstitutionalInvestors #ceffu #BTCSelloff #CryptoMarket #InvestorSentiment

( #lookonchain )

#ceffu deposited 1,347 $BTC ($81.25M) to #Binance again 1 hour ago!

Ceffu has deposited 16,123 $BTC ($952M) to #Binance at an average price of $59,043 in the past 3 months.

Ceffu has deposited 3,568 #BTC ($211.6M) to #Binance since July 31.

#ceffu provides custody and liquidity solutions for institutions, which means it is likely that institutions are selling #BTC .

数据：超 7000 万枚 USDC 从币安转移至疑似 Ceffu 地址
#ceffu

Institutions Dumping #Bitcoin ? 🧐

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. 🤯

Could this be a sign that institutions are losing faith in Bitcoin? 🐳💦 It's definitely something to watch. 👀 With this kind of volume coming from big players, it could have a significant impact on the market. 🤷

What do you think? Is this the start of a bigger trend? DYOR!
#ceffu #WhaleAlert

Source: SpotOnChain 🙏