Bitcoin Whales Accumulate 270,000 BTC While U.S. Spot ETFs See Record Outflows

According to CoinDesk, Bitcoin whales accumulated more than 270,000 BTC (approximately $16.7 billion) over the past two weeks, creating a stark contrast with record outflows from U.S. spot Bitcoin ETFs during the same period.

Chain data shows that despite negative spot premiums indicating weak near-term buying pressure, large wallet addresses continue to increase their Bitcoin holdings, suggesting a structural phase of institutional deleveraging paired with long-term capital accumulation.

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