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Definition
Breakdown of the web movement of cash into/out of exchanges by the USD worth of the transactions.
Fast Take
- Roughly $200 million of Bitcoin was withdrawn from exchanges yesterday, the third most year-to-date.
- March 7 noticed Fed Chairman Powell testifying to the Senate, along with the Grayscale vs. SEC case.
- The trade stability suggests Bitcoin was deposited on exchanges initially attributable to fears of upper rates of interest.
- Nevertheless, whales took a chance to withdraw giant quantities of Bitcoin amid hysteria and volatility.
The put up Third-largest YTD Bitcoin exchange withdrawal driven by whales appeared first on CryptoSlate.
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