Many Short-Term Holders Move BTC to Exchange
CryptoNewsTerminal Staff11 Jul, 2024
Many Short-Term Holders Move BTC to Exchange
Analysis According to CryptoQuant data, the exchange's BTC balance increased by 0.5% on the 11th (local time) compared to the 6th. CryptoQuant lead analyst Julio Moreno analyzed it as "It does not seem to be related to the German government's transfer movement. Most of the inflow came from short-term holders."