“In recent cases where withdrawals exceeded $1 billion, bitcoin began a downtrend soon after, suggesting investors may be adopting a risk-off stance, moving funds to safer environments like cold wallets in anticipation of market volatility,” IntoTheBlock analysts said.
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Krisztian Sandor
https://www.coindesk.com/markets/2024/08/14/bitcoin-price-may-turn-lower-as-crypto-exchanges-see-1b-usdt-withdrawal-intotheblock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-08-14 16:44:58