PANews reported on December 9th that Santiment posted on the X platform, stating: "With Bitcoin's market capitalization hovering around $90,000, the cryptocurrency with the largest market capitalization continues to show a trend of withdrawal from CEXs. In the past year, the total amount of Bitcoin flowing out of CEXs reached 403,200, resulting in a net decrease of 2.09% in the total supply. Overall, this is a long-term positive signal. The lower the amount of Bitcoin held by exchanges, the less likely it is to trigger a major sell-off that leads to a decline in asset prices."PANews reported on December 9th that Santiment posted on the X platform, stating: "With Bitcoin's market capitalization hovering around $90,000, the cryptocurrency with the largest market capitalization continues to show a trend of withdrawal from CEXs. In the past year, the total amount of Bitcoin flowing out of CEXs reached 403,200, resulting in a net decrease of 2.09% in the total supply. Overall, this is a long-term positive signal. The lower the amount of Bitcoin held by exchanges, the less likely it is to trigger a major sell-off that leads to a decline in asset prices."
Data: Net outflow of Bitcoin from CEXs reached 403,200 coins in the past year.
PANews reported on December 9th that Santiment posted on the X platform, stating: "With Bitcoin's market capitalization hovering around $90,000, the cryptocurrency with the largest market capitalization continues to show a trend of withdrawal from CEXs. In the past year, the total amount of Bitcoin flowing out of CEXs reached 403,200, resulting in a net decrease of 2.09% in the total supply. Overall, this is a long-term positive signal. The lower the amount of Bitcoin held by exchanges, the less likely it is to trigger a major sell-off that leads to a decline in asset prices."
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