Sentora: Over $2 billion worth of BTC flowed out of CEXs this week, indicating a long-term bullish signal
ChainCatcher reported that Sentora (formerly IntoTheBlock) stated, "Bitcoin and Ethereum have seen significant outflows from centralized exchanges this week, with Bitcoin's net outflow exceeding $2 billions. Although there is still uncertainty in the market, this is a strong bullish signal as investors are moving assets into self-custody for long-term holding."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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