OKG Research: From yesterday to today, the net outflow on the BTC chain is approximately $2.486 billion, which is about 19 times the average daily inflow amount from the ETF channel

ChainCatcher news, according to the analysis by OKG Research of OKLink, from July 29 to the time of publication, data shows that the large outflow (over $5 million) on the BTC chain amounted to 37,194 BTC, approximately $2.486 billion; there was no large inflow (over $5 million) on the BTC chain, resulting in a net outflow of $2.486 billion. (Inflows/outflows refer to the inflow/outflow from exchanges to the chain.)

The large outflow on the chain surpassed the significant movement of the "U.S. government" address earlier today (amounting to $2 billion), which is 19 times the average daily inflow amount of funds from Bitcoin spot ETF channels.