Ethereum Withdrawals From Exchanges Just Hit An 8-Month Low: Find Out What In...
Ethereum is holding above $2,300 as the market builds toward what feels like a decisive move in either direction. The price is constructive but unresolved, and an Arab Chain report has just surfaced a shift in accumulation behavior that adds a layer of structural context to the current setup that the price chart alone does not capture. Related Reading: XRP Liquidity Just Hit A Five-Year Low: Discover What Happens When A Market Gets This Thin The pace of Ethereum withdrawals from exchanges slowed significantly in April, reaching their lowest level since September 2024. Across all exchanges,....
Related News
China’s ‘big three’ bitcoin exchanges have all released statements confirming that bitcoin withdrawals will only resume following approval by regulators, as the platforms reinforce their infrastructure to comply with AML and regulatory requirements. It was a month ago when OkCoin and Huobi, two of China’s ‘big three’ exchanges paused withdrawals of bitcoin in the face of regulatory pressure from the People’s Bank of China. A week later, the other big exchange, BTCC, followed suit and halted withdrawals for a month. In separate but entirely identical statements today, all three bitcoin....
Crypto exchange Zipmex has now resumed withdrawals for a few altcoins apart from Bitcoin and Ethereum. So far, there are no updates about Bitcoin and Ethereum withdrawals. The halt in withdrawals on Zipmex happened after the two other exchanges Babel and Celsius froze withdrawals. The crypto exchange has now started to allow users to withdraw […]
Ethereum has seen plummeting exchange withdrawals in recent times. Exchange withdrawals are a metric that is used to sometimes map out investors’ sentiment towards a cryptocurrency. With Ethereum exchange withdrawals reaching one-year lows, it brings to light some facts about the digital asset and where it may be headed. We’ll explore some of that in this article. Exchange Withdrawals Plummet Data from Glassnode shows that ethereal exchange withdrawals have been on the decline. This metric had held up through multiple bull rallies and going against the grain as investors chose to....
Major Chinese exchange BTCChina has announced the suspension of bitcoin and litecoin withdrawals. In effect, all of China’s ‘big 3’ bitcoin exchanges have now enforced a month-long suspension of cryptocurrency withdrawals. The suspension will last until March 15th as the exchange underlines the move as a compliance measure after the central bank’s crackdown against bitcoin exchanges in the country continues. In an announcement on its homepage, the bitcoin exchange underlines the same reasons offered by the two other major exchanges in OkCoin and Huobi, both of whom suspended withdrawals a....
Following the lead of two of the market's more prominent exchanges, at least six other China-based bitcoin exchanges have announced updates to withdrawal policies as part of a bid to tighten AML oversight. Announced today, BitBays, BTC100, BTCTrade, CHBTC, HaoBTC and Yunbi have all enacted changes to their withdrawal capabilities, a move that comes days after the exchanges were called to meet with the Beijing office of the People's Bank of China (PBoC), China's central bank. Notably, the policies issued differ from the more stringent halt of bitcoin and litecoin withdrawals imposed by....