Fri, Aug 6, 2021 12:27 AM by Crypto Globe

$131 Billion Bitcoin Moving Suggests Large Entities Are Buying $BTC Over the Counter

On-chain crypto analytics firm CryptoQuant has revealed on social media that earlier this month a total of $131 billion worth of bitcoin were moved in a single day, with only 1% of that amount being deposits and withdrawals to cryptocurrency exchanges. The firm’s bitcoin exchanges fund flow ratio, which measures the ratio of BTC transactions […]