RT @ki_young_ju@Twitter.com:

Another significant Coinbase outflows at 48k. US institutional investors are still buying $BTC.

I think the major reason for this drop is the jittering macro environment like the 10-year Treasury note, not whale deposits, miner selling, and lack of institutional demand.

https://twitter.com/ki_young_ju/status/1365237480631398407

Chart:
https://cryptoquant.com/overview/full/413?window=hour

#Bitcoin :bitcoin: #ki_young_ju #KiYoungJu #주기영 #CryptoQuant #Coinbase #CoinbasePro #Outflow #BTC #BTCUSD $BTCUSD

RT ki_young_ju 주기영:

The strongest bullish signal is working.

32.4k was the bottom and $BTC price surged +13%. But as I said, institutional buying is the strongest bullish signal overriding all other bearish signals.

I expect it will go up more.

https://twitter.com/ki_young_ju/status/1356832182187171841

Chart:
https://cryptoquant.com/overview/full/413?window=hour

#Bitcoin :bitcoin: #ki_young_ju #KiYoungJu #주기영 #CryptoQuant #Coinbase #CoinbasePro #DELETECOINBASE #Outflow #BTC #BTCUSD $BTCUSD