Binance Sees Persistent Bitcoin Outflows as Price Holds Near $90,000, Signal of Long-Term Bullish Sentiment

On-chain data shows that there have been persistent outflows from leading cryptocurrency exchange Binance, even as the price of Bitcoin hovers around the $90,000 mark, down from a new all-time high above $93,000. As highlighted by a recent CryptoQuant Quicktake post, Binance’s Exchange Netflow has consistently registered negative values over the past few weeks. The […] source: https://www.cryptoglobe.com/latest/2024/11/binance-sees-persistent-bitcoin-outflows-as-price-holds-near-90000-signal-of-long-term-bullish-sentiment/