Massive 35,486 BTC Exit from BitMEX Indicates Potential Bitcoin Price Surge

Recent analytics indicate a significant outflow of 35,486 bitcoins from the BitMEX exchange, suggesting a possible future price increase for Bitcoin. Historical data from CryptoQuant shows a strong correlation between the “Exchange Netflow” indicator and Bitcoin price movements on BitMEX. A notable observation reveals that such large outflows typically precede a rise in Bitcoin prices,

Source: CoinOtag