On September 10, the outflow of BTC from crypto exchanges was the largest since May of this year. This is evidenced by the data from #IntoTheBlock:
"Yesterday, the largest net outflow of bitcoins from exchanges since May was recorded: a net outflow of $750 million.
This signals a significant accumulation by#BTCholders"
In parallel, the flow of news about the "awakening" of early addresses continues. The#WhaleAlertservice reports that today an inactive address with 108 BTC ($6 million at the current rate) was activated after 10.7 years. In 2014, this holder's coins were worth only $87,000.
Distribution from one hand to another continues. In order to continue growing, the market must absorb a certain amount of supply from early holders who decided to take profits.
