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2024-11-15 11:03:33
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bitcoinist.com on Nostr: bitcoinist.com ✍️ Bitcoin's flow out of Binance exchange continues despite its ...



✍️ Bitcoin's flow out of Binance exchange continues despite its recent high above $93,000, according to on-chain data.
👉 Bitcoin Exchange Netflow for Binance has registered negative values recently
👉 The trend can be bearish or bullish for BTC, depending on the perspective
👉 Around 7,600 BTC has been withdrawn from Binance in the past day
👉 The reversal into positive territory earlier in the week suggests there is still demand for Bitcoin

#Binance #neutral #technology


On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently. The “Exchange Netflow” here […]
https://bitcoinist.com/bitcoin-top-binance-withdrawals-suggest-otherwise/

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