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Analyst firm Santiment reported that Ethereum crypto-kitties continue to buy the token of the leading smart contract platform, despite the fact that ETH has fallen in price by almost 10% over the past month.
Billionaire addresses currently hold 21.6% of all ETH. Over the past 6 months, they have accumulated 2.2% more, despite the price correction.
At the same time, the analytical firm emphasizes the ongoing trend towards the withdrawal of BTC from crypto exchanges. According to company employees, increased outflow may indicate a future rise in the price of bitcoin.
Bitcoin continues to see the outflow of coins from exchanges when prices are near a 6-month low.
Interestingly, in 21 of the last 26 weeks, BTC moved more from exchanges than to exchanges. Track big findings, taking them as indicators of rising prices.
Today, the price of bitcoin has rebounded after falling below the 38,000 level. At the moment, it has risen to $42,500 with a daily increase of 9.7%.
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