Bitcoin Witnesses $1,700,000,000 in Weekly Net Outflows As Whales Load Up on BTC Amid Correction: IntoTheBlock

Analytics firm IntoTheBlock says that deep-pocketed investors took Bitcoin’s correction toward a low of $49,000 last week as an opportunity to gobble up BTC. IntoTheBlock says Bitcoin witnessed net outflows to the tune of $1.7 billion from crypto exchanges over a one-week period. The analytics firm defines net outflows as the number of coins that The post Bitcoin Witnesses $1,700,000,000 in Weekly Net Outflows As Whales Load Up on BTC Amid Correction: IntoTheBlock appeared first on The Daily Hodl .