Despite Downtrend, Bitcoin Continues To Flow Out Of Exchanges
BitcoinSa kabila ng Downtrend, Patuloy na Umaagos ang Bitcoin Mula sa Mga Palitan08 / 25 / 2022Balita ng Ethereum ng Bitcoin Data shows exchanges have observed large amounts of Bitcoin leaving exchanges in the year 2022 so far, despite the downtrend the crypto has experienced. Bitcoin All Exchanges Netflow Has Been Negative During Recent Months Ayon sa pinakabagong lingguhang ulat mula sa Pananaliksik ng Arcane, BTC saw the highest outflows in June since the November of last year. Ang exchange netflow is an indicator that measures the net amount of Bitcoin moving into or flowing out of wallets of all exchanges. The metrics value is simply calculated by taking the difference between the inflows and the outflows. When the value of this indicator is negative, it means a net number of coins are leaving centralized exchange wallets right now. Such a trend, when prolonged, may prove to be bullish for the cryptos price as it can be a sign of accumulation from investors. On the other hand, values of the metric greater than zero imply holders are depositing a net amount of BTC to exchanges at the moment. If these inflows are for selling purposes, then the trend can have a bearish effect on the coins