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
CandyBomb x UAI: Trade futures to share 200,000 UAI!
New spot margin trading pair — KITE/USDT, MMT/USDT!
STABLEUSDT now launched for pre-market futures trading
The transaction fees for Bitget stock futures will be adjusted to 0.0065%
