CoinGape
2021-07-30 06:27:18

Bitcoin (BTC) Exchange Outflows Hit 5-Year High, Address Activity Shoots 30%

As Bitcoin (BTC) continues to flirt around $40,000 levels, its fundamentals and on-chain metrics are showing significant improvement. On Wednesday, July 28, the Bitcoin blockchain registered the largest ever net outflows in 5 years since 2016. On this day, the exchange balance dropped by more than 60,000 Bitcoins in total. This is certainly a bullish The post Bitcoin (BTC) Exchange Outflows Hit 5-Year High, Address Activity Shoots 30% appeared first on Coingape.

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