(BTC) and most main altcoins proceed to be pinned under their respective overhead resistances, indicating that bears are promoting on rallies.
In response to Ki Younger Ju, CEO of on-chain analytics agency CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously, the outflows from the exchanges have additionally continued and on account of this, the reserves are nonetheless hovering near their lowest ranges since mid-2018.
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