![Q4W90MCMRVXFYMKT PROBE IT Bitcoin](https://veille-cyber.com/wp-content/uploads/2021/06/Q4W90MCMRVXFYMKT.gif)
Although bitcoin has already lost roughly 50% of its USD value in two months, the asset could be primed for even more adverse price developments. After the death cross and reports suggesting institutions are dumping, new on-chain data revealed that investors had deposited massive portions of their holdings to exchanges, which could lead to another sell-off.
Source : Bitcoin Transfers to Spot Exchanges at Highest Levels Since March 2020 Crash