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Benzinga
Benzinga
Business
Marcus Sotiriou

Cosmos And Avalanche Launch New Funds To Ignite evelopment

Bitcoin on-chain metrics continue to be bullish as Bitcoin (CRYPTO: BTC) exchange reserves plummets further, shown by data from CryptoQuant. This signals that the proportion of long-term holders are increasing as less people are willing to leave their Bitcoin on exchanges. Like all on-chain metrics though, we cannot draw a conclusion from looking at one, but the persistent removal of Bitcoin from exchanges is compelling.

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