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BTC: Outflow For $3.7B From Exchanges

During the day, Binance experienced an outflow of $3.7 billion of BTCs. What could this be connected with, and how could it affect the asset’s price in the short term.

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Image Credit: CryptoQuant

Over the past day, 58.5K BTCs worth about $3.7 billion were withdrawn from the Binance crypto exchange. Often, the outflow

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👪 Family team 💰 #Stocks and #Crypto insights 📊 CryptoQuant verified author: bit.ly/3Ey6nSR ✍ Guest author at Bitcoin Magazine, The Daily Hodl

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