Bitcoin Exchange Net Flows Indicate Ongoing Accumulation as Investors Prefer Holding Over Selling Trends
Bitcoin recently experienced a sharp decline after briefly surpassing the $100,000 mark, dropping to around $92,500 in just three days. This has raised concerns among investors about the sustainability of its gains. Interestingly, despite the price drop, data shows more Bitcoin is being taken off exchanges than deposited, indicating long-term accumulation by investors. As Bitcoin’s ...