BTC on-chain data dries up

Reserve in BTC. Source: CryptoQuant

This short article was published on Jule 05, 2021 in my Quicktake from Cryptoquant.

Big player intentionally dries up of Bitcoin on-chain data:

- Reserves in BTC on spot exchanges are falling, but reserves in BTC are simultaneously leging up on derivative exchanges.
- Reserves in BTC are leging up because derivative tools provide more opportunities for trading with leverage. Ultimately, the…

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