In the past, outflows of Bitcoin from exchanges to hold in cold storage were extremely bullish! This meant that people had been doing this to hold for a very long time horizon. With the recent scare this year around lending platforms and exchanges, outflows could just mean more people are holding their crypto in self-custody even if they are very willing to send it right back to the exchange when they want to sell.
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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