8,500 Bitcoin Moved To Exchanges In Days – Find Out If The Market Can Keep Ab...
Bitcoin is holding above $78,000 as the market navigates a backdrop of heightened uncertainty driven by ongoing US-Iran tensions that have kept risk appetite cautious across global markets. The price is resilient — but analyst Axel Adler has just published an exchange flow analysis that adds a specific structural layer to the current picture, and […]
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Bitcoin is quickly leaving exchanges at a rate not seen in years, with almost 80,000 bitcoin being moved off platforms over the last 30 days.
The era of no-fee trading in China appears to be over. Following in the footsteps of China's 'Big Three' exchanges, smaller competitors BTC Trade, BTC100, CHBTC, Dahonghuo, Yuanbao and BitBays all moved to impose or increase trading fees yesterday in the wake of a meeting with the People's Bank of China, China's central bank. Both BTC Trade and CHBTC said that the fees would come into force on 13th February, whereas the other exchanges did not identify a starting date. Further, with the exception of BTC 100 and BitBays, the exchanges all moved to add 0.2% maker and taker fees. BitBays is....
Bitcoin traders have long been skeptical of the reliability of available exchange data – but that uncertainty has been on the rise in recent days. To recap, up until recently, China-based exchanges BTCC, Huobi and OKCoin dominated the landscape in terms of volume (though these figures were long observed with skepticism). However, this reign was cut short earlier in January when the startups came under the scrutiny of the People's Bank of China (PBOC), the country's central bank. The result has been a series of policy changes, the abrupt end to popular trading features like margin trading....
Bitfinex has confirmed that 876.82084947 stolen bitcoins have moved with Scorechain, a Bitcoin and Blockchain compliance & regulations firm, publicly stating 153 BTC, worth around $137,000, was moved on January the 25th and another 723 BTC, worth around $800,000, moved overnight. Chris Ellis, a Bitfinex Community Liaison employee, publicly stated: “The hacker transferred the coins… to a variety of exchanges, some well known… Right now it looks like they are testing to see how different exchanges react to these initial small deposits.” Drew Samsen, Applications Team Leader at Bitfinex,....
On-chain data shows Bitcoin exchange inflows from whales holding between 1k to 10k BTC have spiked up recently, a sign that can be bearish for the price of the crypto. Bitcoin Exchange Inflows Spike Up Following Rally Above $24k As pointed out by a CryptoQuant post, the BTC whales with between 1k to 10k BTC seem to have sent a large stack to exchanges recently. The “exchange inflow” is an indicator that measures the total amount of Bitcoin being transferred to wallets of all centralized exchanges (both spot and derivatives). When the value of this metric spikes up, it means a....