Crypto Analyst: BTC Exchanges Have Net Outflows for the Fourth Day in a Row

time:2022-01-24 05:00 source:Internet

The crypto analyst tweeted that BTC exchanges had net outflows for the fourth day in a row, still a small amount of net outflows compared to before. Both net inflows and net outflows from exchanges in the past 3 months were less than the period from March 2021 to October 2021. I think both bulls and bears have been pretty lukewarm on #Bitcoin since the $69k top, probably because of the uncertainty introduced by the Fed and the stock market sell-off. Interestingly, ETH has seen net outflows throughout 2021, with a significant net inflow only starting in the most recent month.

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