Bitcoin whales turn to net exchange outflow as NUPL recovers from 0.09 to 0.38
- —30-day net whale exchange flow turned negative from late August
- —NUPL recovered from 0.09 to 0.38
- —Whale average cost basis is $62,100; BTC trades at $86,200
- —Shark cost basis is $67,500, small wallets around $48,000
Why it matters: Coins leaving exchanges and rising NUPL suggest reduced sell pressure, though they do not guarantee further upside.
Source: TokenPost