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Crypto derivatives exchange with the lowest 0.01% fees for everyone. Reliable trading with guaranteed uptime during volatile trading periods.
Feb 4, 2021 7 tweets 4 min read
#Bitcoin supply began to squeeze in October 2020 when looking at available supply on exchanges, according to data by @glassnode. Last year saw over 600k #BTC leaving exchanges. 1/7 But for anyone taking notice of what's happening with #USDT would have noticed the signs very early on. Exchange balances for Tether broke the $2bn as the sell-off took place in March. But they remained on exchanges waiting to buy once again. 2/7
Feb 3, 2021 4 tweets 2 min read
#Bitcoin supply and price jolts? On-chain data helps traders stay ahead of upcoming movements. Take a look for example what happened before the all-time-high. The trend of available #BTC for sale dropped by a massive 20k within hours - and long before hitting its price peak. And such trends can be seen quite often indicating price direction. Basic supply and demand - before assets hit exchanges.