Whale BTC Deposits Surge as Bitcoin’s June Decline Deepens

TLDR: Whale BTC inflows on Binance peaked at 8,200 BTC on June 2nd, the highest since February’s drop. Monthly average whale inflows doubled from 1,200 BTC to over 2,800 BTC within a matter of weeks. MicroStrategy and ETFs absorbed over 1.24 million BTC since March 2024, yet price remains pressured. Bitcoin’s average investor cost basis [...]

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