There was a large outflow of BTC from Bitwise this morning. According to Arkham monitoring data, about 14 hours ago, 2,583 BTC worth up to $257.15 million were transferred from Bitwise's Bitcoin exchange-traded fund BITB Bitcoin ETF to an unknown address starting with bc1q4. This large outflow of BTC may affect the market's dumping pressure, creating a short-term downward risk on prices.
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There was a large outflow of BTC from Bitwise this morning. According to Arkham monitoring data, about 14 hours ago, 2,583 BTC worth up to $257.15 million were transferred from Bitwise's Bitcoin exchange-traded fund BITB Bitcoin ETF to an unknown address starting with bc1q4. This large outflow of BTC may affect the market's dumping pressure, creating a short-term downward risk on prices.