Daniela
Mon Jul 15 2024
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5 answers
1165
Why did BTC move off exchanges?
Could you elaborate on the phenomenon we've observed recently where Bitcoin (BTC) has been moving off of major crypto exchanges? I'm particularly curious about the driving forces behind this shift. Are investors seeking safer storage options, or is there a strategic move to avoid potential liquidity issues? Could this be a sign of increased institutional adoption, or perhaps a market manipulation tactic? Understanding the underlying reasons for this movement is crucial in predicting future market trends.
