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$ 593,000,000 ho Bitcoin (BTC) E Tsoa Coinbase ka Nako e ka Tlase ho Letsatsi Ha BTC ETF e Tlatseha Bona Massive Spike
Massive quantities of Bitcoin (BTC) are being shuffled around as the crypto markets witness a sudden sell-off.
The data-tracking bot WhaleAlert revealed that nearly 16,000 BTC was moved off of Coinbase in two separate transactions on the same day to the same unknown wallet.
The ea pele transfer of 7,794 BTC was worth $293,180,231 and the ea bobeli of 8,000 BTC was valued at $300,543,330.
BitInfoCharts o re: the wallet now holds a total of 19,244 BTC worth $699.1 million. It first came online in February with the only previous activity being a deposit of 3,449 Bitcoin.
Unrelated to the whale Coinbase activity, market analyst Jan Wüstenfeld e hlokometse significant inflows into the Purpose Bitcoin Spot ETF (exchange-traded fund).
“Wow! The biggest inflow ever was recorded yesterday for the Bitcoin Purpose spot ETF. More than 2,900 BTC added within one day.
[Assets under management] with that is currently at 34,400 BTC and roughly 2,000 BTC away from the all-time high.”
Source: Jan Wüstenfeld/TwitterBack in February of 2021, Purpose e ile ea fetoha the first exchange-traded fund in North America when it debuted on the Toronto Stock Exchange and investors exchanged $165 million worth of shares.
ETFs are regulatory-compliant investment vehicles available to both retail traders and institutions.
Purpose CEO Som Seif said that investment opportunities came along with the increased recognition that BTC was a new asset class.
"Rea lumela Bitcoin, as the first and largest asset in the emerging cryptocurrency ecosystem, is poised to continue its growth trajectory and adoption as an alternative asset.”
Ka nako ea ho ngola, Bitcoin e theohile ka 8% mme e rekisoa ka $36,331.
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Potso $ 593,000,000 ho Bitcoin (BTC) E Tsoa Coinbase ka Nako e ka Tlase ho Letsatsi Ha BTC ETF e Tlatseha Bona Massive Spike e hlahile pele ho Daily Hodl.
Mohloli oa pele: Daily Hodl