$2.5 Billion in Bitcoin Flows Out of Centralized Exchanges: Time to Buy?

in #mining1024 • last year

Over $2.5 billion worth of Bitcoin has recently been withdrawn from centralized exchanges, signaling a possible bullish trend. This significant outflow suggests increasing investor confidence and a potential supply crunch, which could drive up Bitcoin's price. The movement of BTC from exchanges to self-custodial wallets reflects a long-term holding strategy among investors.

last year in #mining1024 by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.12
    TRX 0.33
    JST 0.032
    BTC 109318.80
    ETH 3924.28
    USDT 1.00
    SBD 0.87