Crypto analytics firm Santiment pointed out that investors are suddenly transferring large chunks of their Bitcoin (BTC) from exchanges to cold wallets.
centiment 19 October on his official social media account. in the chart he shared.pointed to a large amount of Bitcoin exits from cryptocurrency exchanges. Company, October 18 Noting the big exit from the stock markets on on a daily basis Biggest hit in the last 4 months declared that.
analytics company, October 18 on 40,572 That Bitcoin was withdrawn from exchanges from 18 June He said it was the biggest breakout since. On the other hand, this movement increased the total Bitcoin supply on the exchanges. to 8.48% dropped it. Bitcoin supply on exchanges 8.48% with from November 2018 since lowest rate reached.
Analysts say that the increase in the amount of crypto money withdrawn from exchanges to cold wallets. long-term investors in the market increased activity Assuming that this situation points to the market positive suggests it is. Long-term investors often in cold wallets It is known that he prefers to preserve.