Tuesday, June 21, 2022

CryptoQuant: the seven-day average of bitcoins moving to exchanges from cold wallets dropped to 92,470 on Tuesday, down from a 137,326 weekend peak (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg: CryptoQuant: the seven-day average of bitcoins moving to exchanges from cold wallets dropped to 92,470 on Tuesday, down from a 137,326 weekend peak  —  One notable source of selling pressure on Bitcoin is ebbing, buttressing arguments that the token is due at least a temporary reprieve.
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