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No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto

August 30, 2023 by DIGIT
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Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.

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Categories custody, DOJ, Lawsuits, Markets, volume, Withdrawals
Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$90,670.000.32%
  • ethereumEthereum(ETH)$3,113.440.42%
  • tetherTether(USDT)$1.000.00%
  • solanaSolana(SOL)$243.783.72%
  • binancecoinBNB(BNB)$625.100.16%
  • rippleXRP(XRP)$1.1511.87%
  • dogecoinDogecoin(DOGE)$0.3721926.07%
  • usd-coinUSDC(USDC)$1.000.08%
  • staked-etherLido Staked Ether(STETH)$3,111.780.55%
  • cardanoCardano(ADA)$0.755.54%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$90,670.000.32%
  • ethereumEthereum(ETH)$3,113.440.42%
  • tetherTether(USDT)$1.000.00%
  • solanaSolana(SOL)$243.783.72%
  • binancecoinBNB(BNB)$625.100.16%
  • rippleXRP(XRP)$1.1511.87%
  • dogecoinDogecoin(DOGE)$0.3721926.07%
  • usd-coinUSDC(USDC)$1.000.08%
  • staked-etherLido Staked Ether(STETH)$3,111.780.55%
  • cardanoCardano(ADA)$0.755.54%