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Crypto Exchanges See Biggest Bitcoin Outflow in 7 Months. A Reason to Cheer?

"This traditionally bullish signal should be interpreted with caution and in the context of other indicators," one analyst said.

Updated Mar 6, 2023, 3:34 p.m. Published Jun 8, 2021, 1:08 p.m.
Blockchain data shows a sudden surge in outflows from big cryptocurrency exchanges, possibly a bullish sign.
Blockchain data shows a sudden surge in outflows from big cryptocurrency exchanges, possibly a bullish sign.