After bitcoin reached its maximum, the volume of transfers of the asset to exchanges by large wallets increased sharply. The indicator is comparable to the peak in early November 2024. This probably indicates a growing tendency to lock in profits or switch investors to other assets, noted Glassnode.

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📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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👉 https://www.gate.com/announcements/article/45695