Bitcoin Buy-Sell Ratio Soars on Kraken and Coinbase: Bullish Signal?

Quick Summary:

Savvy Bitcoin investors are capitalizing on recent market dips, snapping up coins at perceived discounts on platforms like Kraken and Coinbase.

Data from CCData reveals a surge in buying pressure on these exchanges compared to others like Binance and Bybit, indicating a strategic move by traders to accumulate Bitcoin while its price is under pressure.[…]

The post Bitcoin Buy-Sell Ratio Soars on Kraken and Coinbase: Bullish Signal? appeared first on Coin Edition.

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Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: Bitcoin News Market Market News News Kraken News Coinbase

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 17:50:00 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 129 words

Reading Time: 1 minutes read

Sentences: 50 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22475736

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 24 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

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Publisher ID: #124

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