14,942 BTC Pulled From Exchanges as Bitcoin Gains Ahead of Fed Decision
Photo: TheCoinrise
Traders pulled nearly 15,000 BTC off exchanges as Bitcoin price climbed back toward $81,000 around the Federal Reserve's rate decision. Bitcoin price gained ground on October 28 as blockchain data showed 14,942 BTC withdrawn from exchanges in a short window ahead of the Federal Reserve's policy announcement. The outflow coincided with a broader uptick in bitcoin's price, which had been under pressure in recent sessions. Exchange outflows of this size are often read by traders as a signal of reduced near-term selling pressure.
Source: TheCoinrise
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