Bitcoin Exchange Inflows Hit Decade Low

Bitcoin Exchange Inflows Hit Decade Low

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Recent analyses from CryptoQuant, a platform specializing in on-chain data, reveal that Bitcoin exchange inflows have plummeted to their lowest levels in almost ten years. This significant drop, observed in April and May 2024, saw daily inflows to major exchanges drop to just 8,400 Bitcoins, a stark contrast to historical highs.
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