As another high-profile banking entity,
, stares at a downfall, the crypto market in general and BTC in particular would be hoping to attract disgruntled investors from traditional markets.The spike in balance held on Binance was not a worrying sign yet as there was a noticeable divergence between BTC’s supply on exchanges and outside of it. This indicated that investors preferred hodling their coins instead of dumping it.
At the time of writing, 39% of the total inflows came from large addresses, reflecting a bullish sentiment for BTC.
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