Bitcoin exchange activity spikes: Are sell-offs around the corner?


Bitcoin exchange activity spikes: Are sell-offs around the corner?


Bitcoin [BTC] has recently shown mixed market movements, prompting analysts to closely track on-chain data for insights into its short-term outlook.

On-chain metrics reveal a shift in exchange activity, with Tether [USDT] experiencing significant outflows while Bitcoin  inflows remain elevated.

This imbalance in market dynamics could signal increased selling pressure, potentially leading to further price corrections in the near term.



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