Browsing: Bitcoin outflows

Crypto outflows have taken center stage as the digital asset market grapples with significant shifts in investor sentiment.Last week, reports revealed a staggering $1.73 billion in outflows from crypto investment products, marking one of the largest exits on record amid persistent bearish market sentiment.

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.

Bitcoin outflows Ethereum investors are taking advantage of market fluctuations by purchasing during the dip, while Bitcoin is seeing considerable…