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Bitcoin Cointelegraph

Total exchange BTC inflows have been net negative since July 2021

There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Total exchange BTC inflows have been net negative since July 2021

There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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