Could you elaborate on the current trend of
Bitcoin withdrawals among investors? Specifically, how many Bitcoins were withdrawn in the previous month? Are there any significant patterns or fluctuations in the withdrawal amounts compared to previous months? What factors may have contributed to this change? Understanding these dynamics could provide crucial insights into the market sentiment and potential investor behavior.
6 answers
Lorenzo
Sat Jul 13 2024
The exchanges that experienced this outflow included Binance, Kraken, and Coinbase.
Filippo
Sat Jul 13 2024
According to data from CryptoCompare, this marked the largest bitcoin outflow ever recorded.
DaeguDiva
Sat Jul 13 2024
Last month, investors exhibited a significant shift in their bitcoin holdings.
SolitudePulse
Sat Jul 13 2024
The trend indicates a potential shift in investors' sentiment towards decentralisation or the use of alternative storage methods.
HanjiHandiwork
Sat Jul 13 2024
They withdrew a total of 91,363 bitcoin from major centralised exchanges.