Bitcoin bargain hunters have been actively buying on the Kraken and Coinbase exchanges, according to data from CCData. The buy-sell ratios on these platforms have been consistently above 100%, indicating a net bullish pressure. Meanwhile, prices for Bitcoin have experienced fluctuations, but are down for the third quarter overall. The average trade sizes on Kraken and Coinbase are higher compared to Bybit and Binance, suggesting larger traders or institutional investors are active on these platforms. On the other hand, Bybit and Binance seem to attract smaller, frequent trades, likely from retail investors. Overall, the data suggests that Kraken and Coinbase have been the preferred venues for accumulation by bargain hunters looking for discounted Bitcoin.
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Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows
