Bitcoin may struggle to chart a V-shaped rally to recent short-term highs, with on-chain activity showing increased selling pressure in the market. Blockchain analytics firm CryptoQuant’s exchange inflow indicator – which measures the 144-block (roughly 24-hour) average of bitcoin deposits on major cryptocurrency exchanges – rose to 2.5 bitcoins, the highest level since March 20. […]
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Rapid Bitcoin Price Recovery Looks Questionable As Whales Move Coins to Exchanges – CoinDesk – CoinDesk
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Nov 27, 2020
By usnewsr1-
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