Less supply on trading platforms means less selling pressure from market participants
According to CryptoQuant data, more than 60,000 BTC have flowed out of the trading platform in the past three days, the highest amount in months. Also according to Santiment data, on September 30, 34,723 BTC flowed out of the trading platform, the largest single day of outflows since June 17. CryptoQuant analyst Maartunn said that this was a sign that market demand was picking up. Overall, the outflows from trading platforms are a positive sign. Less supply on trading platforms means less sel...
Less supply on trading platforms means less selling pressure from market participants
According to CryptoQuant data, more than 60,000 BTC have flowed out of the trading platform in the past three days, the highest amount in months. Also according to Santiment data, on September 30, 34,723 BTC flowed out of the trading platform, the largest single day of outflows since June 17. CryptoQuant analyst Maartunn said that this was a sign that market demand was picking up. Overall, the outflows from trading platforms are a positive sign. Less supply on trading platforms means less sel...
