$5.4 Billion Left Binance and Bitfinex While ETFs Absorbed 45,700 BTC – The Supply and Demand Split Is Widening
On-chain data from CryptoQuant shows Bitcoin and Ethereum leaving major exchanges at an accelerating pace while U. S. spot ETFs added 45,700 BTC worth approximately $3. 25 billion between February 24 and March 19, creating a structural divergence between where supply is going and where institutional demand is coming from
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