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Bitcoin on-chain data hints at institutions ‘deploying capital‘ at expense of ‘hodlers’

On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin on-chain data hints at institutions ‘deploying capital‘ at expense of ‘hodlers’

On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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