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Exchange Outflow just hit newest low

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Exchange Outflow just hit newest low

If Coinglass' data is true (which I know is questionable, but still), then we just hit an all time low in amount of bitcoin on exchanges. In addition to that (and possibly a bigger deal), one of the largest outflows EVER, and definitely the largest this year, just occurred this weekend. That big red line represents 67,000 bitcoin leaving the exchanges last weekend.

Maybe this means something, maybe it doesn't. But we are heading towards a world of only 2 million bitcoin or less currently being traded on exchanges... only time will tell what happens next...

submitted by /u/KiNg-MaK3R
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