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Bitcoin net flows hit $750M, highest outflow since May

Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.

Recent data reveals a significant surge in Bitcoin outflows from exchanges, with approximately $750 million in assets withdrawn on Sept. 10.

According to the IntoTheBlock (ITB) data, this represents the largest net outflow of Bitcoin (BTC) since May, potentially signaling a shift in investor sentiment as BTC price hovers around $57,000.

ITB chart depicting roughly $750 million in BTC net outflows on Sept. 10. Source: IntoTheBlock

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Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.
Recent data reveals a significant surge in Bitcoin outflows from exchanges, with approximately $750 million in assets withdrawn on Sept. 10.According to the IntoTheBlock (ITB) data, this represents the largest net outflow of Bitcoin (BTC) since May, potentially signaling a shift in investor sentiment as BTC price hovers around $57,000.ITB chart depicting roughly $750 million in BTC net outflows on Sept. 10. Source: IntoTheBlockRead more  

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