Analyst: About 170,000 BTC net outflow from CEX in the past 30 days, buyers dominate the market
According to ChainCatcher, market sources report that analyst Axel Adler Jr stated that buyers are currently dominating centralized exchanges.
The analyst noted that 30-day net flow data shows a net outflow of approximately 170,000 BTC from exchanges, meaning that over the past month, about 170,000 more BTC have left exchanges than have entered, indicating a clear buyer-dominated trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitmine purchases another 33,504 ETH from FalconX, worth $112 million
The Federal Reserve's interest rate cut meets expectations, with a weakening labor market as the main reason.
Powell: The peak inflation rate may be a few tenths of a percentage point higher or lower than the current level
Trending news
MoreCrypto prices
More
