• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
BTC digital coin is being actively withdrawn from major exchanges

BTC digital coin is being actively withdrawn from major exchanges

user avatar

by dapp_writer005

3 years ago

Between November 7 and 13, investors withdrew almost $3 billion in BTC from exchanges. The number of transfers broke records for May and June of this year.

Glassnode analysts noted that the cryptocurrency went to almost 100,000 wallets. Investors' concern can be associated with the bankruptcy of the FTX exchange, which became known in early November.

Experts note that keeping assets on custodial wallets is not safe, as third parties have access to them. Therefore, last week hodlers were actively withdrawing their funds to non-custodial wallets. Thus, bitcoin stocks are rapidly declining on a number of major exchanges. According to CryptoQuant, the reserves of the Bitcoin coin have dropped to the lowest levels that have not been seen since February 2018.

Earlier, analyst Capo expressed his opinion on the price of bitcoin and gave a forecast, regarding its price in the near future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

In-Depth Analysis of Liquidium and the LIQ Token: Tokenomics, Core Features, and Project Outlook

chest

Liquidium is a decentralized Bitcoin-based lending protocol. Explore LIQ tokenomics, platform mechanics, advantages, risks, and the future of its cross-chain DeFi ecosystem.

user avatarElena Ryabokon

In-Depth Analysis of The Planet of the Hares: Tokenomics, NFT Mechanics, and Metaverse Development

chest

The Planet of the Hares is a Web3 metaverse with NFT ownership, the HARES token economy, and DAO governance. Explore its gameplay, tokenomics, and long-term development potential.

user avatarElena Ryabokon

Reality Metaverse: Comprehensive Review of the Blockchain Game, Real-World Tokenization, and Web3 Ecosystem

chest

Reality Metaverse turns real-world locations into NFTs. Learn how its economy, token model, and gaming ecosystem work, including royalties and utility features.

user avatarElena Ryabokon

Predict.fun — How the Blockchain Prediction Platform Works: Features, Advantages, and Future Outlook

chest

Predict.fun is a blockchain-based prediction platform on BNB Chain combining prediction markets with DeFi yield. Learn how it works, what it offers, and its prospects within Web3.

user avatarElena Ryabokon

Voxels — A Decentralized Web3 Metaverse for Creativity, Ownership, and Digital Economy

chest

Voxels is a Web3 metaverse with NFT land, user-built worlds, 3D creation tools, and a growing digital economy. A decentralized platform for creators, collectors, and virtual communities.

user avatarElena Ryabokon

Bitmain Company Overview: From ASIC Chips to Mining Pools

chest

Founded in 2013 in Beijing, Bitmain is a global leader in the blockchain industry. The company is primarily known for its powerful ASIC miners, the Antminer, but it also operates some of the largest mining pools.

user avatarMax Nevskyi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.