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Analysis: Investors may take advantage of low prices to hoard coins, with over $220 million in net outflows of Bitcoin from CEX yesterday.
On April 9, Intotheblock disclosed that yesterday, as the market panic spread, the number of bitcoins withdrawn from exchanges unexpectedly surged, resulting in a net outflow of more than $220 million. This suggests that despite the sell-off, investors are taking advantage of the lower price to accumulate more Bitcoin.