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Mambee10
📊 Bitcoin is seeing a significant shift in distribution. Since June 30, mid-sized whale wallets (1k-10k BTC) have shed 50.5K BTC.
In contrast, the largest wallets (>100k BTC), dominated by custodians and ETFs, have absorbed 59.1K BTC. 📈
During the recent squeeze week, the custody band gained 31.5K BTC, a scale that matches recent ETF creations, suggesting a movement of supply from whale wallets onto institutional rails.
🗞️ Bitcoin.com News
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