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Over $1 billion in Bitcoin and Ethereum was withdrawn from Coinbase and Binance, signaling strong institutional accumulation. Meanwhile, the Altcoin Season index surged, indicating growing interest in tokens beyond BTC and ETH.
- Coinbase's S&P 500 inclusion aligns with $800M BTC withdrawals, hinting at institutional long-term positioning.
- Ethereum trades above realized price, indicating profitability for long-term holders amid Binance's liquidity dominance.
- FalconX partners with Standard Chartered to simplify institutional crypto-fiat transactions, starting in Singapore.
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