Bitcoin Exchange Inflows Reach $2.6 Billion, Largest Since April

Bitcoin saw about $2.6 billion worth of the asset move onto exchanges in a single day, the largest such inflow since April and a notable increase in potential sell-side supply. The figure describes Bitcoin transferred to trading platforms. Coins held on exchanges may be available to trade, but an inflow alone does not establish that holders sold them. The April comparison places the daily total above any comparable reading since then. An exchange inflow tracks coins moving toward trading venues, not the completion of a sale; that distinction matters when reading the figure as potential supply.

Source: TokenPost