BTC Big Whales Move to Transfer Out of Wallets After Spot ETF Approval...Potentially Braking Bull Market.
"Following the approval of the BTC spot ETF, the big whales have begun to move their long-held BTC out of the country, and we expect this to continue for some time, raising the possibility of a near-term pause in the bull market," crypto on-chain analytics platform Santiment said in an X analysis.