The number of Bitcoin CEX deposit addresses has dropped to 132,100, the lowest since 2016
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Odaily Odaily News CryptoQuant analyst CryptoOnchain posted a chart on social media, showing that the number of deposit addresses on Bitcoin trading platforms has dropped to 132,100, the lowest since 2016. This indicator represents the number of addresses that send inflow transactions to the trading platform. The lower value indicates that the number of investors selling tokens on spot trading platforms has decreased, which may indicate a reduction in selling pressure.
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