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BTC Market Concerns Grow Amid Holder Exchange Deposits
Recent Bitcoin market changes have raised concerns about long-term holders depositing BTC into exchanges. It is worrying because a majority of traders sell their holdings after depositing to exchanges. This change in behaviour and BlackRock’s record-low Bitcoin inflows have raised questions about Bitcoin prices and market dynamics, according to CryptoQuant. Over the past week, BlackRock’s Bitcoin net inflows have dropped to record lows. This may seem like a short-term event, but if it continues, it could affect the Bitcoin market. BlackRock, a major financial institution, buys Bitcoin active over-the-counter ... (full story)