Bitcoin Bull Run Anticipated Amid Significant Exchange Outflows
- Bitcoin exchange outflows surged, with $16.16 billion withdrawn last week.
- 172,000 BTC were moved from exchanges, indicating accumulation by large holders.
- Long-term holders, who keep BTC for at least 155 days, are increasing their holdings.
- Bitcoin needs to surpass $95,000 to continue its upward trend.
- The current Bitcoin price is approximately $93,964.
Recent data shows a significant shift in Bitcoin movement as $16.16 billion was withdrawn from exchanges last week, suggesting a potential bull run as large holders accumulate and the price hovers around $93,964.
Source (2.6)https://dailyhodl.com/2025/04/28/bull-run-setup-forming-for-bitcoin-amid-significant-accumulation-from-two-btc-investor-cohorts-says-swissblock/?rand=59076
