First Mover: Bitcoin Low Exchange Balances Looks Bullish, But Chart Looks Bearish as $11K Nears

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Bitcoin balances on exchanges hit 2-year low, seen as a bullish sign that traders are holding for the long term, or tokenizing for use in DeFi.

via CoinDesk https://www.coindesk.com/first-mover-bitcoin-exchange-balances-bullish-kucoin-11k