More than 37,000 $BTC, worth $710 million, left coinbase on Tuesday, the biggest single-day outflow since June. A pickup is often taken to represent renewed accumulation, a bullish signal for bitcoin. Watch Chart of the Day, presented by cryptocom:
A couple of bullish signals for bitcoin as more than 37,000 BTC worth $710 million left Coinbase on Tuesday, the biggest single-day outflow since June.
Meanwhile, bitcoin futures listed on the Chicago Mercantile Exchange slipped into prolonged "backwardation" during September. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
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