Binance’s Bitcoin Reserves Hit a Two-Year High. Santiment Says Exchange Balances Told You Nothing All Summer.
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The post Binance’s Bitcoin Reserves Hit a Two-Year High. Santiment Says Exchange Balances Told You Nothing All Summer. appeared first on 24/7 Wall St..Binance’s Bitcoin (CRYPTO:BTC) reserves have climbed to their highest level in two years, a move that might normally be read as a warning for BTC. More Bitcoin sitting on an exchange can suggest investors are preparing to sell, but Santiment argues that exchange balances offered little useful direction throughout the summer.
We look at why
We look at why
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