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Analysis: Decreasing Amount of BTC Flowing from BTC.com Mining Pool to Binance May Indicate Market Expectation of New Highs

Summary: In a recent report, Joao Wedson, founder and CEO of digital asset investment analysis platform Alphractal, cited CryptoQuant data indicating that the BTC.com mining pool often sells Bitcoin when prices are at high levels and reduces fund outflows during sustained uptrends. Even as Bitcoin surpasses $100,000 again, the funds flowing to Binance from BTC.com have ...

In a recent report, Joao Wedson, founder and CEO of digital asset investment analysis platform Alphractal, cited CryptoQuant data indicating that the BTC.com mining pool often sells Bitcoin when prices are at high levels and reduces fund outflows during sustained uptrends. Even as Bitcoin surpasses $100,000 again, the funds flowing to Binance from BTC.com have sharply decreased, potentially signaling market expectations of new highs for Bitcoin.

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Link: Analysis: Decreasing Amount of BTC Flowing from BTC.com Mining Pool to Binance May Indicate Market Expectation of New Highs [Copy]

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