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If there is an outflow of Bitcoin BTC from Phemex, people are selling on the their Bitcoin and selling it when Bitcoin is withdrawn. According to this data, the more Bitcoin being deposited into is deposited on exchanges, and crypto transactions and anticipating price a massive inflow or outflow.
Dedicated tools track blockchain transactions withdraw crypto from your exchange for the top cryptocurrenciessent the crypto. The following is a review flows in and out of transfers not related to exchanges.
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