This week, the crypto market is in turmoil again! According to IntoTheBlock data, BTC and ETH have seen massive outflows from exchanges, with net outflows exceeding $1 billion each. The last time this happened was in May 2023. 📉
This massive outflow may mean a change in investor confidence in the market or different expectations for future price movements. 📊
Whether it is the increased confidence of long-term holders or the strategy adjustments of short-term traders, this dynamic has added a lot of highlights to the market. 🔍
Investors should remain calm and pay close attention to market changes in order to make wise decisions. 💡