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Bitcoin exchange inflows drop to 10-year lows after K all-time highs

Bitcoin exchange inflows drop to 10-year lows after $74K all-time highs

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Source: Coin Telegraph

Bitcoin exchanges are seeing the kind of daily inflows more associated with BTC prices under $1,000.

Bitcoin (BTC) exchange inflows are plumbing lows not seen in nearly a decade, the latest data shows.

Figures from on-chain analytics platform CryptoQuant show daily BTC inflows declining significantly since Bitcoin’s $73,800 all-time highs.

Bitcoin traders are in no mood to keep coins available for quick sale on exchanges.

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Author: William Suberg