Nearly $2 billion in Bitcoin moved to exchanges at a loss following CLARITY Act failure
Selling pressure from short-term investors has intensified following market volatility surrounding the CLARITY Act (US digital-asset market-structure bill) vote in the United States. According to CryptoQuant, approximately 23,200 BTC, valued at nearly $1.79 billion, has been transferred to exchanges while in a loss position.
Summaries are written by AI from the original article. Not investment advice.