Bitcoin’s $4.5B net outflows ignite bullish momentum, pushing prices toward $100K
Share link:In this post: Bitcoin recorded a net outflow of $4.5b from exchanges in the past week, triggering buying momentum that has been pushing the price toward $100K. Momentum for large transactions increased by 2.19%, while large holders were responsible for nearly 12% of the net outflow. Bitcoin transactions larger than $100K accounted for a combined $216B in trading volume, with 71% of the wallets belonging to long-term holders (1 Y+).
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