CoinStats - Bitcoin Exchange Reserves Break Two-Year down...
11 Articles
11 Articles
Bitcoin’s Exchange Supply Rebounds 84% as Investors Flood Trading Platforms
TL;DR Santiment data shows roughly 28,000 BTC returned to exchanges between July 28 and August 16, recovering 84% of the coins withdrawn during the previous six-week period. Exchange balances reached about 1.332 million BTC as Bitcoin traded near $63,500, while U.S. spot ETF outflows added...
Bitcoin's reserves in the exchanges have increased by 2.15% in three weeks, reversing the massive output recorded during the summer. Santiment's data reveal that 84% of the BTCs that left the platforms between June and July have already returned, which could ease the upward pressure on the price. *** Bitcoin's reserves in the exchanges rose from BTC 1,304,000 to BTC 1,332,000 between July 28 and August 16. The increase implies that 84% of the wi…
Bitcoin exchange reserves break two-year downtrend, surge ab
🚨 Bitcoin exchange reserves surge above 200-day SMA, ending a two-year decline. 💡 With more $BTC on exchanges, traders eye increased selling pressure and volatility. 📉 Bitcoin hovers near $63,010 as fear grips the market. 🔍 The shift sparks concerns about price suppor...
CoinStats - Bitcoin exchange reserves break two-year down...
🚨 Bitcoin exchange reserves surge above 200-day SMA, ending a two-year decline. 💡 With more $BTC on exchanges, traders eye increased selling pressure and volatility. 📉 Bitcoin hovers near $63,010 as fear grips the market. 🔍 The shift sparks concerns about price support and future market direction. Continue Reading:Bitcoin exchange reserves break two-year downtrend, surge above 200-day SMA The post Bitcoin exchange reserves break two-year dow…
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