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Dormant Bitcoin Whale Returns as Crypto ETF Outflows Deepen

Picture: Blockonomi

TLDR Lookonchain reported that a dormant whale accumulated 3,009 BTC on November 6. The blockchain tracker valued the reported Bitcoin purchases at approximately $228 million. The whale reportedly resumed activity after remaining inactive for more than one year. Another Lookonchain report described a separate 1,286 BTC withdrawal from Binance. U.S. spot Bitcoin ETFs recorded $430.2 million in net outflows on November 5. A previously inactive Bitcoin whale accumulated 3,009 BTC on November 6, according to Lookonchain . The blockchain tracker valued the reported purchases at approximately $228 million.

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