Outflow of Funds from Bitcoin ETF Continues, $265 Million in 2 Days!
🤷 #Peterschiff was right! He stated that #BitcoinETFs have made the crypto market more unstable. "Everyone who bought this instrument will become future sellers!"
👀 Miners are also actively selling Bitcoin now. However, they haven't pressured the market as all transactions were conducted off-exchange. On June 10, they sold 1,200 #BTC ($80 million) – the highest since the end of March.
🐳 But this #bitcoin whale from 2018, who woke up yesterday and transferred 8,000 $BTC
($535 million) to the Binance exchange, certainly contributed to the price drop.
