Largest Bitcoin ETP outflow since March as profit taking continues
Digital asset market reports largest Bitcoin outflow since March, while altcoins witness promising inflows.

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Bitcoin's SOPR just broke through a crucial threshold showing the market has began realizing profits. However, a deeper look at cohorts shows which market participants are driving this spike.
CCData said Bitcoin's price narrow trading in July affected crypto trading activities across centralized exchanges.
Despite the ongoing regulatory pressure on U.S. exchanges, their offshore competitors saw much higher Bitcoin outflows in the past month.
He and his wife, Heather Morgan, had been charged with money laundering in connection with the hack but were not known to be directly responsible for it until Lichtenstein's admission in court.
The news comes less than a week after KuCoin denied any alleged layoff plans.
Bitcoin Lightning Network adoption has grown over the past year, with its TVL peaking at over 5000 BTC in July.