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Bitcoin hodlers 'bleed' as Binance daily inflows near 7K BTC

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 15 Views

Bitcoin exchange inflows have been increasing for over a month, and the latest BTC price drawdown has made nervous sellers double down.

Key points:

Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000.

Analysis warns that continued whale selling could spark a deeper, longer BTC price correction.

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