Data: Large outflows on the BTC chain totalled 16,000 BTC and inflows were 0 BTC in 24 hours.
According to the data on the chain, in 24 hours, the outflow of large amount ($5 million and above) on the BTC chain totalled 16,178 BTC (referring to the outflow from the chain to the centralised exchanges), and the inflow was 0 BTC. Cumulatively, the total net outflow of large amounts on the BTC chain over the last seven days is 116,214 BTC, which is estimated to be approximately $6.74 billion based on the average price for the week, and represents a cumulative increase of 3% from the previous seven days.
In addition, the Top 100 Bitcoin millionaires' total holdings fell to 15.55% from 15.63% over the previous seven days, with the Top 10 unchanged, the Top 20 up (from 8.6 7% to 8.7 2%), and the Top 50 to Top 100 down from 12.63% to 12.56%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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