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Sentora: This week, over $2 billion worth of BTC flowed out of CEX, indicating a long-term bullish signal.
BlockBeats news, on October 31, Sentora (formerly IntoTheBlock) stated, “Bitcoin and Ethereum have seen significant outflows from centralized exchanges this week, with a net outflow of over $2 billion for Bitcoin. Although there is still uncertainty in the market, this is a strong bullish signal as investors are moving assets into self-custody for long-term holding.”