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Stock impact report

Bitcoin Demand Turns Negative as Major Holders Reduce Exposure [Yahoo! Finance]

Empery Digital Inc. - Common stock (EMPD) 
Company Research Source: Yahoo! Finance
Lookonchain reported that Riot Platforms, one of the largest US-based Bitcoin miners, sold 500 BTC worth approximately $34 million. In a separate post, the on-chain tracker flagged that Bitcoin treasury firm Empery Digital transferred its remaining 1,795 BTC to Gemini. However, such transfers do not necessarily signal an imminent sell-off, as they may also reflect internal fund management, custodial shifts, or preparations for other strategic activities. Follow us on X to get the latest news as it happens The moves come at a time when Bitcoin demand remains under pressure. In a recent report, CryptoQuant highlighted that large investors (1,000 to 10,000 BTC) have flipped from buyers to sellers. “The 1-year change in whale holdings has swung from ~+200K BTC at the 2024 bull market peak to approximately -188K BTC today, representing one of the most aggressive large-holder distribution cycles on record,” CryptoQuant noted. At the same time, demand from American investors conti Show less Read more
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