Over $1.57 Bl Worth of Bitcoin Moved off Crypto Exchanges in Just Seven Days – Bullish?

Santiment is saying that Bitcoin is flying off exchanges at the fastest rate in over 4 months in which is a potentially bullish indicatior for Bitcoin

 

Over $1,570,000,000 Worth of Bitcoin Moved off Crypto Exchanges in Just Seven Days: Insights Firm Santiment

“The crypto insights firm notes in a new tweet that 40,785 BTC, worth over $1,570,000,000 at time of writing, moved off exchanges in the past week, marking the highest weekly outflow total since mid-September.

‘The continued trend of coins moving to cold wallets is historically good for long-term price movements.’”

https://dailyhodl.com/2022/02/02/over-1570000000-worth-of-bitcoin-moved-off-crypto-exchanges-in-just-seven-days-insights-firm-santiment/

 

Master Asked on February 2, 2022 in Bitcoin.
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