There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex, and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode.
Bitcoin inflows across all exchanges have been net negative since last July, but four major exchanges have been running contrary to this trend with nearly an equal amount of net positive inflows.There have been total net outflows of 46,000 BTC (worth around $1.8 billion at current prices) from all crypto exchanges since last July.Only Binance, Bittrex, Bitfinex, and FTX have seen net positive inflows of 207,000 Bitcoin (BTC), according to data from blockchain analytics firm Glassnode’s March 7 newsletter. Over the same time period, net outflows have totaled 253,000 BTC from all other exchanges tracked.FTX, Binance, Bittrex, and Bitfinex have seen net positive inflows of BTC since July, 2021 – GlassnodeFTX and Huobi have experienced the most dram
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