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Coinbase, the largest US-based crypto exchange on trading volume metrics, is facing intense backlash after Thursday reports indicated a rogue employee leaked sensitive customer data.
Bitcoin whales have moved just $3.27 billion of BTC to Binance over the past 30 days. This figure marks the lowest whale inflow since November 2024, according to CryptoQuant.
On Wednesday, inflows into US-listed Bitcoin ETFs exceeded $315 million, marking a sharp reversal from the $96 million in outflows recorded the previous day.
Whales, the large investors in the Bitcoin market, may offer a critical boost, countering bearish pressure and possibly driving Bitcoin toward new highs.
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has suggested the firm may be preparing for another significant Bitcoin purchase.