January was the largest month for bitcoin exchange outflows since September 2021. As we’ve discussed in previous Daily Dives, March 2020 was a significant catalyst and turning point for bitcoin. We…
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On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange Netflow Shows Deep Negative Values As an analyst in a CryptoQuant post pointed out,…
U.S. spot Bitcoin exchange-traded funds (ETFs) continued to experience outflows, with $37.29 million exiting the products on Wednesday, marking the sixth consecutive day of negative flows. US Spot Bitcoin ETFs Continue to Rise, Losing $37 Million This prolonged streak has put pressure on several leading Bitcoin ETFs, according to SosoValue…