Insights

Three consecutive days of Bitcoin outflows

Quick Take

  • Looking at all exchanges combined, yesterday was the second largest Bitcoin outflow, 15,000 Bitcoin.
  • Currently, 2.292M Bitcoin sit on exchanges, now only 8K BTC away from where we were at the start of the year but 60% higher in price.
  • Three consecutive days of outflows
Netflow: (Source: Glassnode)
Netflow: (Source: Glassnode)

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