Bitcoin is down 7% from its recent highs 📉
U.S. Government $BTC transfers sparked the pullback, but elevated unrealized profits had already left the market vulnerable.
🔘Government wallets moved 17,468 $BTC ($1.44B) since Oct 6💸
• Oct 6: 569 $BTC ($48.6M)
• Oct 7: 4,632 $BTC ($385.8M)
• Oct 8: 12,267 $BTC ($1.01B)
U.S. Government $BTC transfers sparked the pullback, but elevated unrealized profits had already left the market vulnerable.
🔘Government wallets moved 17,468 $BTC ($1.44B) since Oct 6💸
• Oct 6: 569 $BTC ($48.6M)
• Oct 7: 4,632 $BTC ($385.8M)
• Oct 8: 12,267 $BTC ($1.01B)