Long-term Bitcoin bulls hodl strong despite five-month price high
Bitcoin wallets that haven't seen outflows for more five months and are currently sitting on $754 billion worth of the asset.
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Bitcoin wallets that haven't seen outflows for more five months and are currently sitting on $754 billion worth of the asset.
There is an abundance of exciting metrics regarding cryptocurrencies. The overall exchange flow for Bitcoin has been mainly negative, even though fewer people hold 100 BTC or more. Additionally, it seems USDC’s netflow is going negative, too, indicating the bear market may not be over just yet. Where Is Bitcoin Going? The recent market setback […]
Monitoring exchange inflows and outflows is a crucial aspect of market analysis. These metrics often serve as a barometer for market sentiment, providing insights into investor behavior and potential price movements. Recent data analysis reveals a noteworthy trend in the cryptocurrency market: U.S.-based exchanges are seeing significantly fewer Bitcoin outflows than their offshore counterparts. Data […]
The post U.S. exchanges are seeing fewer outflows than offshore competitors appeared first on CryptoSlate.
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