Bitcoin and Ethereum Indicator Points to Potential Accumulation, According to Crypto Analytics Firm IntoTheBlock

Bitcoin and Ethereum Indicator Points to Potential Accumulation, According to Crypto Analytics Firm IntoTheBlock

One indicator suggests that market participants are loading up on Bitcoin (BTC) and Ethereum (ETH) for the long haul, according to the crypto analytics firm IntoTheBlock.

Lucas Outumuro, the firm’s head of research, notes in a new analysis that the top two crypto assets continue to witness exchange outflows, though this week’s levels were at a reduced pace compared to previous weeks.

Source: IntoTheBlock

Exchange withdrawals potentially point to accumulation by investors…


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