CryptoQuant CEO: In the past two weeks, long-term Bitcoin holders sold $1.2 billion in BTC, and ETF net outflows reached $460 million
ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X that in the past two weeks, long-term Bitcoin holders sold $1.2 billion worth of BTC, possibly through brokers; during the same period, ETF net outflows were $460 million.
If this $1.6 billion in selling liquidity was not purchased over-the-counter, brokers may deposit Bitcoin into exchanges, which could impact the market.
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