Bitcoin balance on exchanges is again started decreasing after the small increase in April-July. The Bitcoin balance on exchanges is now at August 2018 levels. This shows less selling pressure on exchanges and we may see more upward movement in coming weeks.
Over the last month, we have seen $10M+ transactions dominating volume, reaching as high as 84% of overall volume. This is reflective of batching and the presence of institutional capital.
We know people sense the mass adoption coming. They are beginning to realize why they want Bitcoin.