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Crypto

Bitcoin Experiences Substantial Outflows from Exchanges

Guavy AI Editorial Team
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BTC
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Bitcoin (BTC.CC) has seen significant outflows in both the one-day and seven-day periods, according to Moomoo's NetFlow data. In the last day alone, $933 worth of Bitcoin was withdrawn from exchanges, valued at approximately -$72.67M.

This comes on the heels of an even more substantial exodus over the past week, with a total of -$458.93M in Bitcoin leaving exchange wallets. The 7D NetFlow figure represents a significant decline, raising questions about investor sentiment and potential market trends.

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