This large transaction has raised concerns among investors for a possible massive liquidation of the assets, contributing to the near-term bearish momentum of the cryptocurrency.
However, increasing institutional interest and strategic corporate investments suggest a potentially bullish long-term outlook.
BTC ETFs inflows extended the positive trend recorded last week. These large inflows could help maintain the rebound the cryptocurrency is seeing at the moment.
This influx indicates strong investor confidence in Bitcoin's long-term value.
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