OKG Research: From July 1st, on-chain assets totaling approximately $2.662 billion flowed out from 'German Address' and 'American Address'.

PANews · 2024-07-12T08:53:41+00:00

According to the statistics of the European Cloud Chain Research Institute, the assets flowing out from two on-chain addresses marked as the German and American governments totaled about $568 million, with a total decrease of $742 million from July 1 to the present. At the same time, the assets flowing into the market from the American BTC Spot ETF channel increased by $976 million.

PANews

2024-07-12 08:53:41

Abstract generation in progress

According to OKG Research of Euclid Cloud Chain Research Institute, from July 11th to 12th, approximately $568 million of on-chain assets flowed out from two on-chain addresses marked as the German government and the US government.

Since July 1st, a total of $742 million in on-chain assets have flowed out from addresses marked as US Address, mainly BTC and ETH. A total of $1.92 billion in on-chain assets have flowed out from addresses marked as Germany Address. A total of $2.662 billion has flowed out from these two popular addresses. At the same time, on-chain assets flowing into the market from the US BTC Spot ETF channel have increased the supply by $976 million.

BTC-1,47%

ETH-0,62%

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