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21 September 2021

Bitcoin On-Chain Data Reveals Why This Selloff Is Different From May’s Crash

Bitcoin On-Chain Data Reveals Why This Selloff Is Different From May’s Crash


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Bitcoin On-Chain Data Reveals Why This Selloff Is Different From May's Crash.

Bitcoin on-chain data shows the exchange reserve indicator looks different for the current selloff when compared to the May crash.

The Bitcoin all exchanges reserve is an indicator that shows the amount of coins present in wallets of all the centralized spot exchanges.

The BTC reserve has actually been on a decline, implying investors haven’t been quick to selloff on these spot exchanges.

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