{"id":513411,"date":"2022-12-22T12:00:48","date_gmt":"2022-12-22T17:00:48","guid":{"rendered":"https:\/\/uniquehot.com\/?p=513411"},"modified":"2024-06-11T08:09:55","modified_gmt":"2024-06-11T08:09:55","slug":"bitcoin-refuses-to-budge","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-refuses-to-budge\/","title":{"rendered":"Exchange Inflows, Outflows At A Stalemate As Bitcoin Refuses To Budge"},"content":{"rendered":"
Bitcoin is still struggling below $17,000 and centralized exchange inflows and inflows seem to be mirroring the trend of the digital asset. Over the last 24 hours, the net flows from exchanges have been seeing a near balance between inflows and outflows.<\/p>\n
The exchange net flows reported by Glassnode show barely any difference between the amounts flowing into and out of exchanges. For bitcoin, it recorded $538.6 million worth of BTC flowing into exchanges and $557.4 million flowing out for the same time period. This brought net flows to a measly negative $18.8 million in the 24-hour period.<\/p>\n