Reading Between the Lines: Decoding Bitfinex’s Latest Market Report
TL;DR: A recent Bitfinex report hints at growing volatility ahead based on declining BTC exchange reserves and other on-chain metrics. But deeper analysis reveals oddities about the sources cited that could signal ulterior motivations. Declining BTC Reserves Point to Higher Volatility The report highlights that BTC reserves on exchanges recently hit multi-year lows. This implies […]
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