Over 157K Bitcoin Has Exited Exchanges, Is This the End?
In a horrific domino effect following FTX’s fall, over 157,000 Bitcoins have exited crypto exchanges everywhere.
Crypto_Outflow
Bitcoin Investors Lose Faith in CEXs, Over 100K BTC Outflow
Bitcoin (BTC) investors are exiting centralized exchanges with their crypto assets. In the last month alone over 100,000 BTC exited centralized exchanges. 40,000 Bitcoin (BTC) exited centralized exchanges in the last seven days. A record-breaking 100,000 BTC has been moved from centralized exchanges (CEXs) over the past month. According to Glassnode, 40,000 BTC has exited CEXs in the last seven days alone. During this crypto winter, many exchanges made the decision to halt withdrawals on their platforms. This means that many crypto holders are facing the issue of having all their assets frozen on these platforms. That is to say,
