BTC balance inside CEX continues to decline

Mars Finance news. On April 8, according to CryptoQuant data, the BTC balance on trading platforms has been steadily declining. Over the past year, the BTC balance on trading platforms has fallen by about 100k coins. Currently, about 867k BTC is still held on trading platforms. Analysts believe that Bitcoin continues to benefit those holders who are willing to remove supply from trading platforms rather than constantly redeploy it back into the market.

BTC3,62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin