The amount of bitcoin being held across all exchanges fell sharply last week, a sign that based on past experience was taken a positive for the bitcoin market.
But the changing dynamics of the market show that as the crypto market grows bigger, relying on just one or two metrics can’t always reveal the full story of what’s going on.
Data from blockchain data firm Glassnode shows that the balance of bitcoin on all exchanges fell 4.1% to 2.48 million from 2.587 million in the last four…
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