An inflow of 895 million USD in stablecoins into Binance has occurred, juxtaposed with significant withdrawals by Bitcoin whales totaling 2.25 billion USD over the past month. This change suggests institutional players are minimizing sell pressure, establishing conditions for potential market stability.
Political uncertainty, particularly surrounding Federal Reserve Chair Jerome Powell, adds complexity to market sentiment. A recently active whale transferring large amounts of BTC raises worries about possible liquidations, while retail investor enthusiasm is evident as Bitcoin holdings increase significantly.
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