Fast Take
- One of many largest Bitcoin withdrawals occurred yesterday, primarily from giant whales.
- Roughly 10,000 Bitcoin had been withdrawn as cash had been pulled off sure exchanges, together with Crypto.com, Binance, and Gate. IO.
- Information got here out yesterday of BlackRock’s submitting for a spot ETF. That is one cause we might have seen demand from giant whales as Bitcoin moved above $25,000.
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