Bitcoin price is nearing a month of consolidation since its all-time-high of $64,863 last month, while it has historically seen an uptrend after 3-4 weeks of consolidation this bull season, the sudden surge on exchange inflows hint otherwise. A total of 21,250 Bitcoins inflowed into Bitfinex today, which is significantly higher given the net inflow throughout the past week, is 28,379.
Total Inflow of Bitcoin On Bitfinex Rises to 21,250 BTC; Are Institutions Moving From Bitcoin to ETH
coingape.com
12 May 2021 13:47, UTC