!!! Bitcoin ETF sell-off!!!
!!! Bitcoin ETF sell-off!!!
US institutions reduce holdings by more than 2,000 coins, market trend changes?
Shocking! According to the latest data from Lookonchain, on June 25, the US spot Bitcoin ETF set off a storm of reduction!
The scale of reduction is amazing: a total of 2,145 bitcoins were reduced, with a value of up to $132.54 million!
Fidelity and Grayscale lead:
Fidelity ETF reduced holdings of 612 bitcoins, worth about $37.83 million. Currently, it still holds 166,763 coins, worth more than $10.3 billion!
Grayscale ETF is not to be outdone, reducing holdings by 567 coins, worth about $35.05 million. They still have 277,935 coins on hand, worth $17.17 billion! 🚀
Market trend changes? Does this large-scale reduction mean that institutions are changing their attitude towards the cryptocurrency market? Investors are speculating!
Be careful! Whether you are a novice or an old hand, in the face of drastic market fluctuations, you must remain vigilant and operate with caution!
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