Bitcoin Supply Squeeze Unwinds as 28,000 BTC Return to Exchanges

https://ift.tt/5lrfcza
Bitcoin exchange balances have recovered 84% of a six-week decline, weakening claims that ETF demand is creating an immediate shortage. Santiment data shows the reversal unfolded in less than three weeks. Bitcoin Exchange Supply Reverses Bitcoin’s exchange supply reached its highest level since June 15, Santiment Intelligence shared on Aug. 17, challenging claims that spot […]

from Bitcoin News https://ift.tt/QGPSRa2