๐ Reduced Sell Pressure for Bitcoin? Exchange Inflows Hit 8-Year Low!
The number of #Bitcoin addresses sending $BTC to exchanges has plummeted to 132,100, levels unseen since 2016! ๐ This could signal a significant drop in sell pressure, hinting at a potential shift in market sentiment. ๐ณ Are whales holding back?
โข Fewer Sellers: With less #BTC moving to exchanges, are we seeing a new trend of holding? ๐๐
โข Market Sentiment: Could this be the quiet before the next bull run? ๐
Keep an eye on the market trends, and remember, this isn't just about fewer #sellers but possibly about HODLers increasing their stakes! ๐