Between July 31 and August 4, public treasuries absorbed nearly half of the selling pressure made by Bitcoin investors exposed via ETFs. Metaplanetbought the largest amount of Bitcoin in the period, with 463 BTC added, worth over $54 million.

Between July 31 and August 4, public treasuries absorbed nearly half of the selling pressure made by Bitcoin investors exposed via ETFs. Metaplanetbought the largest amount of Bitcoin in the period, with 463 BTC added, worth over $54 million.

Source: https://cryptoslate.com/public-bitcoin-treasuries-step-in-with-552m-buys-amid-1-25b-etf-outflows/