The cryptocurrency market experienced a decline on Sunday evening, as on-chain data reveals a considerable amount of profit-taking behind the stagnant prices. What Happened: According to analytics firm IntoTheBlock, Bitcoin experienced an influx of $860 million in net inflows to crypto exchanges last week, which is the highest level since March. The movement of assets to exchanges generally implies that investors plan to sell, suggesting that several investors decided to cash in on the profits following Bitcoin’s 65% surge from $27,000 in October. On the futures side, within the last 24 hours,…

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