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🛑LARGE BITCOIN OUTFLOW SIGNALS BULLISHNESS

🛑LARGE BITCOIN OUTFLOW SIGNALS BULLISHNESS

Day: 08 | Time: 11:10:12 On July 5, 2024, the largest outflow of Bitcoin from exchanges was recorded, with over 46,000 BTC transferred to wallets. This indicates that many investors are moving their Bitcoin out of exchanges, a sign often considered positive and bullish. It could mean that large holders are anticipating a price increase or prefer to hold long-term instead of selling. #Bitcoin #Cryptocurrencies

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Source: https://www.binance.com/en/square/post/2024-07-08-largest-bitcoin-outflow-recorded-in-2024-indicates-bullish-signal-10512551537338