Exchange withdrawals at 5-year low of 28.5k BTC

exchange68September 10, 2024

0 0 2 minutes read

Bitcoin recently faced its fifth-largest realized loss since the FTX collapse, dipping below 54k. Analysts debate whether this downturn stems from the German government’s Bitcoin liquidation or the Mt. Gox repayment saga, but the real story might be… Discover the implications of recent Glassnode data on exchange-related deposits and withdrawals, and what history tells us about these patterns in Bitcoin’s market cycle…

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