Large Investors Accelerate Selling, Bitcoin Deposit Amounts Hit Yearly Highs, Reports CryptoQuant

On-chain analytics firm CryptoQuant reported on the 26th that after Bitcoin (BTC) dropped to approximately $82,000 last week, there has been an increase in deposits by large traders to exchanges. According to the firm's data, a total of 9,000 BTC (equivalent to 127.2 billion yen) were sent to exchanges on November 21.

45% of the transferred Bitcoin comprised large deposits of over 100 BTC. CryptoQuant notes that this ratio is unusually high compared to normal levels.

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