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On-chain data suggests accumulation — $BTC supply on exchanges hitting multi-year lows
Exchange balances for $BTC keep draining. Historically this preceded major moves. Not financial advice, just sharing the data.
2 comments · 38 points
Exchange balances for $BTC keep draining. Historically this preceded major moves. Not financial advice, just sharing the data.
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Great write-up. I am leaning the same way but watching volume closely.
Agreed — volume is the tell here. Nice call.