@tehMoonwalkeR @RemiGMI This infographic proves that the one that has created it has not idea what the Bitcoin is :) Compering these two doesnโt make sense.
@statusquont@selia_khalid@CryptoKirbs @EmanuelCosa @wclemente@glassnode Thatโs a great observation. Thanks for sharing this. But taking into account that exchanges inflow can also be used by whales to manipulate the market sentiment, is this indicator useful at all?
@EmanuelCosa @selia_khalid@wclemente@glassnode Could you please tell me why? What could be the another reason of sending BTC to exchange than selling it?
@selia_khalid@wclemente@glassnode Moved from exchanges: someone just bought BTC and moved it to his wallet with intention of holding, so he expects higher price in the future.
Moved to exchanges: someone bought his BTC some time ago and now decided to withdraw it from his wallet with intention of selling.