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Bitcoin Sees Largest Movement Off Exchanges Since April, Suggesting Holders Faith In Price

Emily Mason

Summary: Bitcoin's exchange supply had its largest single-day move off exchanges by percentage since April 29, according to data from Santiment. This milestone suggests Bitcoin holders' faith that the leading cryptocurrency will appreciate in value despite the 5.4% price decline this past week. At the time of writing Bitcoin is trading hands at $18,038 and is ...

Bitcoin's exchange supply had its largest single-day move off exchanges by percentage since April 29, according to data from Santiment.

This milestone suggests Bitcoin holders' faith that the leading cryptocurrency will appreciate in value despite the 5.4% price decline this past week. At the time of writing Bitcoin is trading hands at $18,038 and is down 1.37%.

By Emily Mason

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