The chart shows that the current Bitcoin exchange balance has reached a new low in recent years, which should be a very positive signal, but 👇
Now I suspect that the exchange Bitcoin balances seen in Asia, Europe, and the Americas are not the same data. Is it possible that different data is presented or modified based on region/language (Chinese region, English region)?
As media and KOLs in Asia are steering towards a bear market, or for other reasons, both retail and large holders have been selling their Bitcoin non-stop. The recent phenomenon is: Asia and Europe are selling, while Wall Street is buying.
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The chart shows that the current Bitcoin exchange balance has reached a new low in recent years, which should be a very positive signal, but 👇
Now I suspect that the exchange Bitcoin balances seen in Asia, Europe, and the Americas are not the same data. Is it possible that different data is presented or modified based on region/language (Chinese region, English region)?
As media and KOLs in Asia are steering towards a bear market, or for other reasons, both retail and large holders have been selling their Bitcoin non-stop. The recent phenomenon is: Asia and Europe are selling, while Wall Street is buying.