Browsing: Bitcoin custody shuffle

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Bitcoin Custody Shuffle: 87,464 BTC Leaves Institutions

In recent developments in the cryptocurrency market, the phenomenon known as the Bitcoin custody shuffle has come into the spotlight, with an astonishing 87,464 Bitcoin flowing out of institution-tagged wallets in just 24 hours.This significant outflow, flagged by Timechain Index, highlights large transfers occurring between custodians, predominantly driven by Bitcoin ETFs and other institutional players.