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Bitcoinist
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Bitcoin Top In? Binance Withdrawals Could Suggest Otherwise
- Bitcoin has continued to flow out of Binance even after reaching a high above $93,000.
- Negative spikes in the Exchange Netflow for Binance indicate holders are withdrawing Bitcoin.
- The recent outflows suggest a bullish sentiment as investors opt to HODL in the long term.
- The reversal into positive net inflows earlier and subsequent outflows indicate ongoing market volatility.
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