Analyst: Bitcoin at CEX is being bought faster than sold, and traders are taking advantage of the pullback to buy
2025-08-19 06:34:47
Axel Adler Jr, an analyst at CryptoQuant, said in a social media post: "The decrease in the 30-day moving average of Bitcoin net traffic on exchanges indicates that Bitcoin on centralized exchanges is being bought faster than sold. This shift in a falling market shows a bullish divergence and indicates that market participants are taking advantage of the pullback to buy."
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