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Bitcoin rebound; Hypothesis and no more!

Brief background

Since the end of this May, the number of bitcoins held on centralized crypto exchanges has been steadily declining, with around 2,000 BTC (roughly $66M) leaving exchanges daily.

A July 12 Glassnode report found that bitcoin reserves on centralized crypto exchanges fell to levels not seen since April 2021, the month when Bitcoin soared to a…




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👪 Family team 💰 #Stocks and #Crypto insights 📊 CryptoQuant verified author: ✍ Guest author at Bitcoin Magazine, The Daily Hodl

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