The chart shows that the current Bitcoin exchange balance has hit a multi-year low, which is generally a very positive signal, but 👇


Now I'm beginning to suspect that the exchange Bitcoin balances seen in Asia, Europe, and the Americas are not the same data. Is it possible that the data is presented differently or even altered based on region/language (Chinese-speaking vs. English-speaking regions)? As Asian media and KOLs are steering the narrative toward a bear market, or for other reasons, retail and large holders in Asia keep selling their Bitcoin. The recent phenomenon is: Asia and Europe are selling, while Wall Street is buying.
BTC0.66%
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