IT Tech

BTC deaspearing from Exchanges - what does is mean?

On-chain data shows Bitcoin is currently deaspearing from exchanges. As You can see on BTC netflow chart - 15 conseqentive days more BTC is OUTflows from Exchanges. This trend is confirmed if You check BTC reserve on all Exchanges - it's 3 year low. Look similar trend that we observed on ETH. This is bullish in long term. 🐂💡đŸ§