Since Bitcoin’s all-time high of $73,800, daily BTC inflows have declined dramatically.
The figures show that hodler opinion has changed significantly this year.
According to the most recent statistics, Bitcoin exchange inflows have hit a level not seen in over ten years. Since Bitcoin’s all-time high of $73,800, daily BTC inflows have declined dramatically, according to data from on-chain analytics platform CryptoQuant.
There is no desire among Bitcoin traders to hold currency on exchanges for a speedy sell. Daily deposits to major exchange accounts in April and May 2024 were among the lowest in the prior decade, according to CryptoQuant.
Investors Optimistic
Only 8,400 BTC entered exchanges on April 20, when the BTC/USD rate was about the same as it is now. Such a low volume of transactions was last seen when Bitcoin was trading for less than $1,000. In order to get this information, CryptoQuant monitors a wide range of spot and derivative markets.
As institutional i
We współpracy z: https://thenewscrypto.com/bitcoin-exchange-inflows-hit-decade-low-levels-amid-optimistic-sentiment/
