Data: On Wednesday, Kraken's 4,229 BTC was well above the 500 BTC average in recent weeks.

2020-7-16 16:02
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The Kraken crypto exchange confirmed an entry level of 4,229 BTC ($ 38.59 million) on Wednesday, well above the 500 BTC average in recent weeks. CryptoQuant analysts say that when traders return bitcoin from their own BTC wallets for exchange, they are indicating a desire to trade or sell in the short term. Cryptoquant CEO Joo Ki-young also said in an interview that once the sale begins, the price is expected to drop to around $ 8,000 and is expected to drop slightly.

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2020-7-16 15:53