On-chain data shows the Bitcoin outflows from cryptocurrency exchange Coinbase have surged recently, a sign that could be bullish for BTC. Bitcoin Exchange Outflow For Coinbase Has Shot Up Recently As pointed out by an analyst in a CryptoQuant Quicktake post, there has appeared to be huge demand for the asset recently. The relevant indicator […]
Data shows the combined Bitcoin exchange inflow and outflow volume has hit historically significant values, a sign that speculators are active. Bitcoin Exchange Flow Volume Has Spiked To $4.07 Billion According to data from the on-chain analytics firm Glassnode, exchange deposits and withdrawals on the Bitcoin blockchain have recently continued to increase. The relevant indicator […]
On-chain data shows the Bitcoin supply on exchanges has seen a further plunge recently, now hitting lows not seen since December 2017. Bitcoin Supply On Exchanges Has Dropped To Just 5.38% Now According to data from the on-chain analytics firm Santiment, BTC’s supply has continued to shift towards self-custody recently. The indicator of relevance here […]