<ul><li>WisdomTree, a leading provider of ETFs in the digital assets space, has triggered market anxiety with substantial Bitcoin and Ethereum transfers.</li><li>WisdomTree deposited 8,258 BTC ($598.89 million) into Coinbase and transferred 48.83 ETH ($125,000), totaling nearly $599 million.</li><li>The timing of these transactions is significant as Bitcoin and Ethereum prices decline, contributing to a 3.9% reduction in the overall crypto market cap.</li><li>Investors are concerned about further selloffs, fearing that it could worsen the already fragile market sentiment.</li></ul>

WisdomTree’s $599M Crypto Dump Sends Shockwaves

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