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Viewpoint: The amount of BTC flowing from the BTC.com Mining Pool to Binance is continuously decreasing, which may indicate that the market expects BTC to reach new highs.
BlockBeats news, on June 25, Alphractal, a digital asset investment analysis platform, founder and CEO Joao Wedson cited CryptoQuant data indicating that BTC.com Mining Pool often sells Bitcoin when prices are at phase highs and reduces outflows during sustained rises. Even when Bitcoin breaks through 100,000 USD again, their recent outflows to Binance have sharply decreased, which may suggest that the market expects Bitcoin to set new highs.