quoting⚡️🔎 UPDATE - 36.8K BTC has left exchanges since the beginning of the year.
nevent1q…s455
Schlaus Kwab on Nostr: I know this is considered a meme metric but I think this is more important than ...
I know this is considered a meme metric but I think this is more important than people realize. Isn't the withdrawal to your own wallet signalling intent for long term holding? I remember this phase myself when I was transitioning from a shitcoiner where you would let the #Bitcoin on an exchange "just in case" before really "getting it" and setting up a wallet. Especially in the age of MICA and heavy KYC having your 🌽 on a wallet creates a significant barrier for selling, effectively getting you out of the "dry tinder" cohort and increasing price stability.