While Bitcoin continues to beat its record of $69,000, which it reached in November 2021, outflows in the stock markets have begun to increase significantly.
“One of the biggest of the last 5 years…”
Sharing an image taken from Glassnode data, analyst and researcher James Van Straten drew attention to billion-dollar outflows:
“On Friday alone, over $2.3 billion worth of BTC exited the exchanges. It was one of the biggest debuts in the last 5 years. The value of BTC released from Binance reached 400 million dollars. $200 million of the money released was sent to Coinbase Prime. Therefore, we should reduce the $2.3 billion to perhaps 2.1 billion. But the outflows seen on Binance are interesting.”
The $1.1 billion sale could not reduce the price either.
There continues to be large inflows into ETFs, which are the biggest factor in Bitcoin’s recent rise. As you may remember, on Thursday and Friday, Grayscale company made sales of approximately 1.1 billion dollars in total, but Bitcoin continued to remain above 60 thousand dollars despite the large sales.
The price of 64 thousand dollars, which came tonight, shows that the demand may increase further with the opening of the markets today.
It was published:
Source: https://uzmancoin.com/bitcoin-borsa-cekim-kripto-btc/
