As CryptoSlate's latest analysis shows, exchange withdrawals have skyrocketed since November 2022, with a staggering drop of over 100,000 BTC in exchange balances just since April 18, 2023. So why are investors pulling their Bitcoin from the market?
Bitcoin buying pressure could surge amid rising exchange withdrawals
07/15/2023 00:00
Rapid exchange withdrawals and increased exchange-related activity have the potential to increase buying pressure for Bitcoin.
Bitcoin buying pressure could surge amid rising exchange withdrawals 7 hours ago · 2 min read
Rapid exchange withdrawals and increased exchange-related activity have the potential to increase buying pressure for Bitcoin as the tradable supply decreases.
2 min read
Updated: July 14, 2023 at 7:00 pm
Cover art/illustration via CryptoSlate