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Bitcoin Exchange Inflows Fall, Signaling Reduced Selling Pressure

CryptoQuant data indicates a drop in Bitcoin inflows from 88,000 BTC in late November to 21,000 BTC today, suggesting decreased selling activity.

BTC

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Terms & Concepts
  • Exchange inflows: The amount of cryptocurrency transferred into centralized exchanges, often used to gauge potential selling activity.
  • BTC: Ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.