Institutions have sold more than 236,000 bitcoins over the past two months, or almost $5 billion worth of the crypto based on bitcoin’s recent price.
Large institutions have sold more than 236,000 bitcoins over the past two months, or almost $5 billion worth of the crypto based on bitcoin’s recent price, as it trades almost 70% lower from its peak last November.
Bitcoin... Large institutions have sold more than 236,000 bitcoins over the past two months, or almost $5 billion worth of the crypto based on bitcoin’s recent price, as it trades almost 70% lower from its peak last November. Meanwhile, as crypto miners faced increasing pressure on their top lines, they sold 4,556 and 14,600 bitcoin in May and June, respectively, Lunde noted.
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