Express

NYDIG Saw Large Investors Bought On Dips During The Past 24-48 Hours

Mary Liu

Summary: Bitpush data shows Bitcoin once plunged to a low of $51,541 on Sunday, but NYDIG Global Research Director Greg Cipolaro said that in the past 24-48 hours, its platform showed a net inflow of capital, indicating that large investors are buying on dips.  Cipolaro also pointed out that the spot price of Bitcoin on the ...

Bitpush data shows Bitcoin once plunged to a low of $51,541 on Sunday, but NYDIG Global Research Director Greg Cipolaro said that in the past 24-48 hours, its platform showed a net inflow of capital, indicating that large investors are buying on dips. 

Cipolaro also pointed out that the spot price of Bitcoin on the Binance platform has an obvious discount compared with Coinbase during that time. 

He said: "The difference in spot, which is usually very tight, reached nearly 3% at one point. To us, these data points are indicative of selling pressure in Asia rather than North America."

By Mary Liu

Last Update:

Tags: ,,
Link: NYDIG Saw Large Investors Bought On Dips During The Past 24-48 Hours   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 12 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 19 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 23 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 26 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025
  • You need to login to comment.