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Total Inflow of Bitcoin On Bitfinex Rises to 21,250 BTC; Are Institutions Moving From Bitcoin to ETH

Bitcoin price is nearing a month of consolidation since its all-time-high of $64,863 last month, while it has historically seen an uptrend after 3-4 weeks of consolidation this bull season, the sudden surge on exchange inflows hint otherwise. A total of 21,250 Bitcoins inflowed into Bitfinex today, which is significantly higher given the net inflow

Bitcoin price is nearing a month of consolidation since its all-time-high of $64,863 last month, while it has historically seen an uptrend after 3-4 weeks of consolidation this bull season, the sudden surge on exchange inflows hint otherwise. A total of 21,250 Bitcoins inflowed into Bitfinex today, which is significantly higher given the net inflow