Sentora: Over $2 billion worth of BTC flowed out of CEXs this week, indicating a long-term bullish signal
ChainCatcher reported that Sentora (formerly IntoTheBlock) stated, "Bitcoin and Ethereum have seen significant outflows from centralized exchanges this week, with Bitcoin's net outflow exceeding $2 billions. Although there is still uncertainty in the market, this is a strong bullish signal as investors are moving assets into self-custody for long-term holding."
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
Analysis: BTC Supply Structure Tightening Rapidly, Potential for Major Volatility Imminent
Zcash developer releases Q4 2025 roadmap, focusing on privacy features and Zashi wallet improvements
The US SOL spot ETF recorded a net inflow of $199 million in its first week of listing.
Trending news
MoreCrypto prices
More
