On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently. The “Exchange Netflow” here refers to an indicator that keeps track of the net amount of Bitcoin moving into or out of the wallets of a given exchange or group of platforms. When the value of this metric is…
