Golden Finance reported that data tracked by Santiment showed that in anticipation of the spot Bitcoin ETF, large Bitcoin wallets quickly transferred older tokens, thereby significantly reducing the holding period of BTC in the wallet. In addition, some giant whales Addresses may still move large amounts of coins, further depressing the average USD price of BTC.
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Santiment: Some whales may transfer a large number of tokens, further depressing the price of BTC
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