10x Research: Bitcoin exchange balances drop to six-year low
ChainCatcher reported that 10 x Research posted on X platform, stating that the bitcoin exchange balance has dropped to its lowest point in six years, indicating that supply is rapidly depleting. In addition, billions of dollars in ETF inflows and changes in institutional behavior suggest that there may be deeper reasons behind bitcoin breaking its all-time high.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Kalshi launches Kalshi Research
Santiment: Negative comments about XRP on social media are currently far above average
Two whale addresses accumulate over 826,000 HYPE, investing more than $21.58 million
Bitget Wallet and Alchemy Pay launch zero-fee USDC fiat on-ramp service in Hong Kong and other non-mainland regions
Trending news
MoreCrypto prices
More
