In just two days, a staggering shift in the Bitcoin market dynamics has been observed – exchanges have seen a massive outflow of approximately $430 million worth of Bitcoin. The leading cryptocurrency exchange globally, Binance, accounts for half of these intriguing outflows. This trend, intriguing in itself, is not without consequence. Bitcoin’s price has made a significant leap within a short timeframe, rising from around $26,500 to $28,500. But what does this sudden decrease in Bitcoin on exchanges truly imply? And what could be the potential implications for…
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