PI Global Investments
Bitcoin

Is Wrapped Bitcoin Flashing a Bullish Signal? Exchange Outflows Hit Six-Week High


326 Wrapped Bitcoin (WBTC) were withdrawn from exchanges in a single day, the largest net exchange outflow since early June according to Santiment. The withdrawals reduce WBTC available on CEXs and could tighten sell-side liquidity, potentially impacting token performance and DeFi/DEX liquidity dynamics in the crypto market.

Bullish



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