$4,000,000,000 in Bitcoin Exiting Crypto Exchanges Every Month As Outflows Reach Historic Proportions: Glassnode

The co-founder of leading analytics platform Glassnode says higher prices for Bitcoin are inevitable as BTC leaves exchanges at historic levels. Yann Allemann tells his 52,700 Twitter followers that he’s looking at Bitcoin’s net unrealized profit/loss (NUPL) metric to determine whether market participants are in a state of profit or loss. According to Allemann, Bitcoin […] The post $4,000,000,000 in Bitcoin Exiting Crypto Exchanges Every Month As Outflows Reach Historic Proportions: Glassnode appeared first on The Daily Hodl.