Bitcoin exchange outflows see biggest daily spike since September 2021

Bitcoin (BTC) investors are voting with their wallets as one-day outflows from major exchanges near 30,000 BTC. 

Data from on-chain analytics firm CryptoQuant shows that on Jan. 11, 29,371 BTC left exchange order books — the most since Sep. 10.

The four-month high in outflows corresponds to short-term optimism returning on Tuesday as BTC/USD bounced and maintained levels above $42,000.

The pair subsequently went on to hit local highs of $43,150 before consolidating, this nonetheless a…


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