Wednesday, September 28

Rising Bitcoin Exchange Balances Could Be Due To Huobi’s Chinese User Blockade By CoinTelegraph

© Reuters. Rising Bitcoin Exchange Balances Could Be Due To Huobi’s Chinese User Blockade

Rising () balances on exchanges may not be a sign that investors are preparing to sell, according to a new study.

Revealing the latest exchange data on Dec. 28, Glassnode on-chain analyst TXMC pointed to new changes in China from rising balances elsewhere.

  • Pomp tells CNBC not to apologize for Bitcoin’s energy use

Binance ‘sucks in’ orphaned Huobi users The end of December is seeing nerves unravel as a range BTC price is combined with increased entries to exchanges.

Read the full article on Cointelegraph

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