Nearly $11 billion of BTC and ETH have flowed out of mainstream centralized exchanges in the past 30 days
According to data from Cryptoquant the Bitcoin (BTC) reserves of centralized exchanges are decreasing. In the past 30 days, from May 13th to June 13th, centralized exchanges have seen an outflow of 105,706 BTC, worth $7.05 billion. During the same period, Ethereum also decreased by 1.08 million coins, worth $3.7 billion. Meanwhile, data shows that the total amount of ERC20 stablecoins on all exchanges has slightly increased from $21.46 billion to $22.09 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list Kiichain (KII)
New data display features added to the futures elite trader homepage
CFD profit share feature upgraded for safer earnings
New stock categories added to the market selection pop-up in the elite trade section
