Data: The number of Bitcoin CEX deposit addresses has dropped by over 130,000, the lowest since 2016

2024-09-16 17:45:49
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ChainCatcher news, CryptoQuant analyst CryptoOnchain posted a chart on social media showing that the number of deposit addresses on Bitcoin trading platforms has dropped to 132,100, the lowest since 2016. This metric represents the number of addresses sending inflow transactions to trading platforms. A lower value indicates a decrease in the number of investors selling tokens on spot trading platforms, which may suggest reduced selling pressure.

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