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 🙏