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The number of large-value transactions on the BTC chain has led to increased interest in BTC from rising institutions

2023-11-03 12:42 Friday

Citing data from IntoTheBlock, the number of large-value transactions (valued greater than $100,000) on the BTC chain rose in tandem with the currency price last month, reaching a new high for the year.

This seems to mean that institutional interest in BTC is increasing (positively affected by ETF news), and a similar drama also occurred in June this year (BlackRock submitted an application for an ETF).