Mehrshaad🎩
@mehrshaad
This week, the Bitcoin balance on CEXs dropped (https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-reserve?exchange=all_exchange&window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=line) to 2.4 million BTC, nearing a seven-year low. Institutional investors, including hedge funds, are driving this trend by buying Bitcoin during price dips.
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