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Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days.According to the Glassnode’s August 2 The Week On-Chain report, Bitcoin outflows have accelerated to a rate exceeding 100,000 BTC per month for just the third time since
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On-chain analysis shows huge Bitcoin outflows from crypto exchange Binance. BTC might keep the rally up and break $40k. Huge Bitcoin Outflows On Binance As pointed out by a CryptoQuant post, the crypto exchange has observed huge outflows of BTC on Monday. The Binance Outflows indicator shows the amount of Bitcoin transferred from
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Bitcoin could be gearing up for another leg up due to investors and traders moving their BTC out of exchangesLess Bitcoin is stored on Coinbase than during the 2017 bull cycleAccording to Bloomberg, Bitcoin is in the early days of adoption and primed for further growthBitcoin could be gearing up
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Bitcoin price is reeling from a strong rejection from above $60,000 that has sent the leading cryptocurrency by market cap tumbling back down by more than $10,000 per coin. However, massive ongoing outflows of BTC continue to leave popular cryptocurrency exchange Coinbase Pro at an alarming rate. The overall lack of
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Gold hit its lowest levels in more than eight months on Tuesday, a day after holdings in the precious metal-backed exchange-traded funds fell by 14 tonnes, logging the biggest outflow seen in 2021. Analysts blamed signs of an economic global recovery and rising US bond yields for the said decline. That
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Bitcoin’s price has been flashing signs of immense weakness throughout the past few days, with the recent $19,500
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BitMEX has long been a source of polarization within the crypto industry. Despite many traders blaming it for
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Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of
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The price of Bitcoin (BTC) dropped from $10,580 to as low as $10,258 on Coinbase on Sep. 13. The 3% fall within nine hours comes after on-chain data hinted at a potential miner sell-off.Miners continue to apply high selling pressure on BitcoinThroughout the past week, on-chain analysts have said that
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Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day.The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly fell back to $9,500 on June 24. Poolin nears outflow all-time highThe mining pools under the
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