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The amount of Bitcoin transferred from exchanges by whales has reached its highest level in 9 years
Bitget2024/08/03 09:25
According to data from Glassnode, despite ongoing market volatility, the amount of Bitcoin transferred by whales from exchanges has reached its highest level in 9 years. Just in July alone, these large holders added 84,000 BTC. This is the fastest circulation speed of Bitcoin on exchanges since 2015, similar to when the BTC price hit a low around $220.
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