Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
fillippone
on 18/08/2021, 21:57:17 UTC
⭐ Merited by LFC_Bitcoin (1) ,JayJuanGee (1)
@WClementeIII
Exchanges down 111,033 BTC in the last 30 days. One of the sharpest drops of exchange inventories in Bitcoin's history.

https://twitter.com/wclementeiii/status/1428039375343046664?s=21


Very intresting graph, and also very intereting acount I insta- folllowed.

The above chart nicely pairs with the other one he had just retweeted:


https://twitter.com/CanteringClark/status/1428031511111114752?s=20

Exchange supply draining and leverage being low or anyway flat is boding well for a healthy second leg.