Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020.
Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days.According to the Glassnode’s August 2 The Week On-Chain report, Bitcoin outflows have accelerated to a rate exceeding 100,000 BTC per month for just the third time since September 2019. The on-chain analytics provider estimates that just 13.2% of circulating BTC are currently held on exchanges — a new low for 2021.“This represents a near full retracement of the significant inflow volume observed during the May sell-off,” the report noted.BTC Exchange Net Position Change – GlassnodeOutflows surged to nearly 150,000 BTC monthly at the end of April 2020 following the violent “Black Thursday” crash that saw crypto prices tumble by more than 50% in less than two
Źródło: https://cointelegraph.com/news/bitcoin-outflows-from-centralized-exchanges-surge-to-100k-btc-monthly
