Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan. 1. Bitcoin and Ethereum Scarcity Grows as $26 Billion Leaves Centralized Exchange Bitcoin […]
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Bitcoin’s Bull Cycle Isn’t Over Yet, Says Cryptoquant’s Onchain Data
Bitcoin’s short-term onchain momentum has weakened, but long-term demand remains solid, according to the latest Cryptoquant report, indicating that the...
