Analyst Willy Woo Notes Divergence in BTC Exchange Flows
Bitcoin analyst Willy Woo reported that Coinbase experienced increased selling pressure following the failed procedural vote on the CLARITY Act, with its Cumulative Volume Delta (CVD) dropping to approximately -6,659 BTC. Conversely, Binance saw its CVD recover from lows to -5,841 BTC, suggesting that offshore markets are accumulating. BTC recently retreated from a high of $80,560 to a low of $74,968.
Summaries are written by AI from the original article. Not investment advice.