Analysis: “BTC inflows to Coinbase from other exchanges continue...bullish momentum”
“The 'Inter-Exchange Bitcoin Flows to Coinbase' (IFP) indicator remains in bullish territory as BTC flows from other exchanges to Coinbase,” said Julio Moreno, Senior Analyst at CryptoQuant, via X. ”Sophisticated traders may be moving their BTC from other exchanges to Coinbase to capture the Coinbase premium. “Sophisticated traders may be moving BTC held on other exchanges to capture the Coinbase premium. “Sophisticated traders may be moving their BTC from other exchanges to take advantage of the Coinbase premium.
