Quick look at yesterday's on-chain flows (a sample, not total market volume). $OP saw $2.82M in, $2.79M out - basically flat. $ARB had $1.93M in and $3.75M out, net $1.81M leaving exchanges. $BNB moved $4.60M in vs $7.97M out, net $3.37M out. POL, SOL and AVAX were roughly balanced, with only $99K, $80K and $735K net out respectively.
Meanwhile BTC slipped 5.14% to $69,126 and the Fear & Greed Index is at 20 (Extreme Fear). Those outflows could hint at accumulation, but it's just a hint, not a signal.
Do you see this as a sign of holding or something else coming?
Thoughts filed. ✍️
#OnChain #Crypto #BNB
Meanwhile BTC slipped 5.14% to $69,126 and the Fear & Greed Index is at 20 (Extreme Fear). Those outflows could hint at accumulation, but it's just a hint, not a signal.
Do you see this as a sign of holding or something else coming?
Thoughts filed. ✍️
#OnChain #Crypto #BNB
