Whales Not Affected by Fed and Powell! Bitcoin Withdrawals Increased at $22,000!

of bitcoin Investors’ uneasiness increased, while the failure to break the $25,000 resistance and its pullback caused the questions to go below $20,000 again.

Will the long-running bear market end? Although the Fed’s faltering again and the fact that the inflation data remained above expectations at a time when questions of BTC We see a different picture in the supply.

It is worth about $200 million with the drop in Bitcoin yesterday of BTC We observed that it was withdrawn from the stock markets. It was the 3rd largest shooting since the beginning of this year.

The removal of Bitcoins from exchanges is often considered a bullish signal. However, this does not mean that the rise will happen immediately.

As can be seen in the graph, there is an increase in withdrawals over 10 million dollars. This shows that some whales are starting to collect BTCs again.

on all exchanges bitcoin It seems that the supply continues to decrease gradually. The decline experienced after March 7 shows that investors were not affected by the hawkish attitude of the FED and turned the last drop into an opportunity.

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