Bitcoin exchange supply hits lowest since December 2018. santimentfeed VitalikButerin war $BTC RussiaUkraine
As the leading crypto is getting moved off trading platforms, risks of any big sell-off becomes lower, Santiment says. It has also named the reason why Bitcoin dropped a $1,000 on Friday, taking a decline along with traditional markets.Santiment has tweeted that after Bitcoin price has seen several consecutive drops, the amount of flagship cryptocurrency held on
has gone down sharply. According to the data from the analytics company, it has reached the 10.87 level – the lowest mark, which was last observed on crypto trading venues in December 2018 in the middle of the crypto winter. The company’s analysts believe that these massive withdrawals are likely to prevent any major sell-off now.
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