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Article • Sep 5, 2024

Institutional Sell-Off Sends Bitcoin into a State of Flux

Flux
Institutional Sell-Off Sends Bitcoin into a State of Flux
Summary
  • Institutional investors, including Fidelity and Grayscale, have been actively selling off significant amounts of Bitcoin.
  • Despite the short-term bearish outlook, long-term holders may see this as an opportunity to accumulate Bitcoin at discounted prices.

Source: https://coinpedia.org/news/institutions-dumping-bitcoin-a-major-factor-behind-recent-price-drop/

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Institutional Sell-Off Sends Bitcoin into a State of Flux | DePIN Hub