Believe it or not, BTC is increasingly scarce on exchanges, which is a sign that the BULL TREND has legitimate continuity. We just had a new 3-Years-Low on BITCOIN even though we are correcting.
SOMEONE is getting many of the available BTC and I hope that we are among the "chosen" although it is also true that the amount of existing BTC in the exchanges (2.5 Million BTC) is still a brutality.
(Source: https://twitter.com/glassnodealerts/status/1436317418566135832)
Be careful, it must be taken into account that these data do not say that these BTC that leave the centralized exchanges are stored in COLD WALLETS.
It is very likely that many of them are in anonymous METAMASK wallets giving liquidity to the altcoins market ... if not, we could not understand why the dominance of BITCOIN today is very close to reaching the All-Time-low with what possibly Two things are happening, the accumulation of BTC by whales and the increasingly popular use of DeFi products and the increasing adoption of decentralized UNISWAP-like exchanges.
@toofasteddie
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
Posted Using LeoFinance Beta
