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326 Wrapped Bitcoin (WBTC) were withdrawn from exchanges in a single day, the largest net exchange outflow since early June according to Santiment.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



Source link

Related posts

Weekly forex forecast: EUR/USD, XAU/USD, GBP/USD, USD/JPY, Bitcoin and more [Video] – FXStreet

D.William

Circle Challenges WBTC and Coinbase’s cbBTC With ‘Neutral’ Bitcoin Collateral

D.William

Bitcoin Cash Rises 3.68% on Bitcoin-Led Macro Event | Top Stories

D.William

Leave a Comment