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Divergence continues to grow between the net liquidity indicator and #Bitcoin. Biggest divergence this year.

Divergence continues to grow between the net liquidity indicator and #Bitcoin. Biggest divergence this year.

Apr 12, 2023 08:13 PM |
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jimmyvs24
jimmyvs24 @jimmyvs24
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#Bitcoin reversed both lawsuits because none of it involved #BTC. 10k #Bitcoin has left @binance so far today, the third biggest outflow this year. Lets see if Binance can continue with the withdrawals. Almost $400m worth of #Bitcoin pulled from @HuobiGlobal yesterday, second largest withdraw this year. Large whale. #Bitcoin exchange balance falls below 12% for the second time this year. This current halving will see a negative exchange balance for the first time. It should get interesting from April 2024 onwards. Year-over-Year Regional Supply Change An opposite supply change #Bitcoin that used to be held in the US is now being transferred to wallets in Asia. The last two main peaks for Asia occurred before both bulls runs. US YoY Supply Change: -7.9% Asi #Bitcoin exchange deposits hit a three-year low, while exchange withdrawals are starting to outpace deposits for the first time since SVB collapse.