Bitcoin Breaks $90K but Exchange Data Shows Rising Selling Pressure

Crypto Prices Recover - Bitcoin Up 3%, Wall Street Memes Hits $4.8 Million. Photo by BeInCrypto Bitcoin has surged past $90,000, and Ethereum is trading above $3,000. However, mixed on-chain data reveals a market split between selling pressure and substantial outflows. Large deposits to exchanges now represent 45% of all Bitcoin inflows, reaching 7,000 BTC on November 21, according to CryptoQuant. At the same time, an unprecedented withdrawal of 1.8 million BTC from exchanges overnight has fueled specula ...