"Bitcoin remains resilient amid Middle East crisis... No large-scale outflows observed"

YM Lee

Summary

Analysts stated that Bitcoin has shown solid fundamentals despite the recent Middle East crisis.
According to CryptoQuant's analysis, there have been no significant changes in exchange Bitcoin inflows or the market overall, and there have been no major outflows.
Investors have chosen to maintain their positions despite the news of war, and the market is currently in an optimistic state with no notable outflows.

According to an analysis, Bitcoin (BTC) has demonstrated solid fundamentals even in the wake of Israel's recent invasion by Iran.

On the 15th (local time), Cryptome, an analyst at the on-chain analysis platform CryptoQuant, said, "Based on the exchange net inflow and outflow indicators, there has been no significant change in the market so far, nor has there been a large influx of Bitcoin. While open interest has dropped slightly, overall, it remains robust, and investors are maintaining their positions even in the face of war news."

He added, "The market currently views the situation as a 'localized conflict,' so there are no major large-scale outflows. So far, things are looking optimistic."

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