CryptoGlobe
2024-11-15 23:27:00

Binance Sees Persistent Bitcoin Outflows as Price Holds Near $90,000, Signal of Long-Term Bullish Sentiment

Binance Sees Persistent Bitcoin Outflows as Price Holds Near $90,000, Signal of Long-Term Bullish Sentiment

On-chain data shows that there have been persistent outflows from leading cryptocurrency exchange Binance, even as the price of Bitcoin hovers around the $90,000 mark, down from a new all-time high above $93,000. As highlighted by a recent CryptoQuant Quicktake post, Binance’s Exchange Netflow has consistently registered negative values over the past few weeks. The

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