Bitcoin Sees 570,000 BTC Added Since July Amid ETF Sales
Photo: Coinfomania
Bitcoin news reveals 570,000 BTC added since July despite ETF sales. This shift in supply dynamics could influence future market trends. Amid a wave of selling pressure across the crypto market, Bitcoin continues to attract new buyers. According to a tweet from Bitfinex, about 570,000 BTC have been added since late July, despite ongoing ETF sales. This accumulation is noteworthy as it reflects a sustained interest in Bitcoin, with an average cost basis of approximately $75,000 holding steady on every pullback. This trend may influence market sentiment moving forward.
Source: Coinfomania
