Bitcoin's monthly gain in June hit a one-year low, with whales selling off against ETF inflows

PANews reported on June 27 that according to CoinDesk , Bitcoin's monthly increase in June was only about 2% , the lowest since July last year. Although the US spot ETF has achieved a net inflow of US$ 3.9 billion for several consecutive weeks, whales and small holders tend to sell, and the market has entered a consolidation phase. On-chain data shows that profit-taking behavior has slowed down, and the current market sentiment tends to wait and see.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Polygon's mainnet will undergo a Giugliano upgrade on April 8th; nodes need to upgrade as soon as possible.
PANews Newsflash