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exchange balance News and Articles



Bitcoin exchange balance

Bitcoin exchange balance decreased by 5% in 2022

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According to the Glassnode platform, the number of bitcoins on exchanges is now at its lowest level since August 2018. The decrease in the BTC exchange balance is observed against the backdrop of a decrease in the value of the cryptocurrency. On Tuesday, April 19, Bitcoin is trading at $40,732. In...

Ethereum

Ethereum exchange balance fell by 5% in two weeks

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Over the past two weeks, the volume of ether on centralized crypto exchanges has fallen by about 5%. This conclusion was made by CryptoQuant analysts who studied the activity of traders. The outflow of digital currency from trading floors eases the pressure on the asset from sellers. As a result,...

Bitcoin

Analysts drew attention to decline in the exchange balance of BTC

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Many experts consider the reduction in the number of bitcoins on exchanges as a positive signal. Theoretically, the outflow of cryptocurrency from the trading floors eases the pressure on the asset from sellers. Therefore, the value of BTC should increase against the backdrop of a reduction in its...

Bitcoin

Bitcoin exchange balance is 6.3% of the total crypto supply

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At the moment, about 1.3 million bitcoins are listed on exchanges, the CryptoRank team said in a statement. This volume of cryptocurrency accounts for 6.3% of the total BTC market supply. In October last year, the exchange balance of bitcoin was 9.5% of the supply of digital currency. Already in...

Btc

The exchange balance of bitcoin began to decline again

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The influx of cryptocurrency to exchanges at the end of November led to the December Bitcoin sell-off. However, already last week, the trend began to change, and investors again began to withdraw BTC from trading floors. The change in tactics suggests that traders believe the cryptocurrency will...

Ethereum

Drop in the exchange balance of Ether eases pressure on the market

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Almost all categories of investors are involved in the accumulation of Ether (ETH). According to Santiment, the whale addresses accumulated over 21% of the total cryptocurrency supply in September. These wallets now control the highest volume of ETH since early May 2017, the researchers emphasized....

Bitcoin

Bitcoin exchange balance fell to three-year low

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On the night of Friday, September 17, Bitcoin fell to $47,700. On the eve of the morning, the coin tried to gain a foothold above $ 48,000, having secured the support of American investors. However, in the second half of the day, the activity on the market weakened again, and soon the correction...

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