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‘Net neutral’ — Rising Bitcoin exchange balances could be due to Huobi Chinese user block -Breaking

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© Reuters.

(BTCNew research suggests that a rise in ) balances on stock exchanges is not a sign investors are selling.

It’s time to uncover the latest dataGlassnode On-Chain Analyst TXMC pointed to new China changes for increasing balances in other countries on Dec. 28.

Bitcoin balance comparison to chart. Huobi (blue), Binance(green), and combined (red). Source: TXMC/Twitter