• 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BTC digital coin is being actively withdrawn from major exchanges

BTC digital coin is being actively withdrawn from major exchanges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.

Other articles

Digital Asset is a revolution in blockchain technology and digital asset management

chest

Digital Asset (DA) is a leading developer of blockchain solutions for digital asset management. Since 2014, the company has been providing financial institutions with an innovative platform and the DAML language for process automation.

user avatarMax Nevskyi

Nano Labs – breakthrough technologies of the future

chest

Nano Labs is an innovative company specializing in research and development in the field of nanotechnology. By combining science and engineering, it creates advanced solutions for medicine, energy, and electronics.

user avatarMax Nevskyi

Myco: Web3 Video Platform for Monetization, Ownership, and Decentralized Engagement

chest

Myco is a Web3 streaming platform where viewers earn tokens for watching and creators monetize content directly. A new model for decentralized video and content ownership.

user avatarElena Ryabokon

GRAM.ZONE is a Telegram game that allows you to earn cryptocurrency

chest

GRAM.ZONE is an innovative P2E game on Telegram based on the TON blockchain, combining strategy, RPG, and crypto-economics. The project allows you to collect NFT characters, participate in PvP/PvE battles, and earn GRAMS tokens.

user avatarMax Nevskyi

Concrete Protocol Overview – Automated DeFi Lending and Liquidation Protection

chest

In-depth overview of Concrete Protocol — a DeFi platform offering liquidation protection, smart lending, and yield vaults. Architecture, mechanics, security, and roadmap explained.

user avatarElena Ryabokon

Nasdaq Blockchain Initiatives: From Linq Platform to Digital Asset Strategy

chest

A detailed overview of how Nasdaq integrates blockchain technology: Linq platform, digital economy indexes, strategic partnerships, and global infrastructure for digital assets.

user avatarAlexandra Smirnova
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.