
Bitcoin Exchange Net Flows Signal Continued Accumulation – Investors Favor Holding Over Selling
As the crypto market navigates a consolidation phase, traders and investors remain vigilant, gauging the broader sentiment’s impact on Bitcoin’s price trajectory. The latest exchange net flows data suggests that investors are increasingly opting for holding their positions, favoring accumulation over selling.
The recent consolidation phase has been marked by a decrease in trader activity, with bitcoin miner volume plummeting to levels reminiscent of 2021. This reduced market enthusiasm has led many investors to re-evaluate their positions and reassess the risk-reward ratio. As a result, exchange net flows have turned positive, signaling a shift toward holding rather than selling.
Bitcoin Exchange Net Flows Signal Continued Accumulation – Investors Favor Holding Over Selling
Source: bitcoinist.com