Bitcoin experienced a net outflow of 2,291 BTC from major exchanges in the last 24 hours, while U.S. trading volume more than doubled by 109%, signaling a shift in liquidity and price discovery toward the U.S. market. Despite short-term inflows over the past week, the one-month trend shows a net outflow, indicating ongoing reduction of BTC balances on exchanges. This shift concentrates trading activity in U.S. hours, increasing sensitivity to U.S. economic news and potentially raising volatility. Investors should watch if outflows persist and how this affects liquidity and price movements in the near term.
Between October 30 and November 3, Spot Bitcoin ETFs experienced significant net outflows totaling about $1.16 billion, driven largely by BlackRock's IBIT. Ethereum spot ETFs also faced continuous withdrawals, with $656.4 million outflows over seven ...
Wallets linked to the Binance hack have moved about 81% of the stolen Solana (SOL) tokens, worth $16.9 million, through multiple wallets and converted them into other cryptocurrencies using THORChain. The stolen SOL was split, converted to USD Coin, ...
Bitcoin surged back above $80,000 after Binance announced it had replenished 98% of funds lost in a recent hack, with the remaining 2% delayed due to low liquidity. This recovery helped ease fears of a bank run on Binance, which holds $129 billion in...
The launch of the Bitcoin fork ECX, created by Paul Sztorc, was largely overshadowed by the $6.3 billion Binance hack on the same day. ECX reached a peak price of $134.97 but has since dropped 76% to around $32, with a market cap near $639 million. L...
An unidentified cryptocurrency wallet moved 101 million Tether (USDT) tokens to Binance, a major crypto exchange, on November 4. This large transfer could indicate significant trading activity or preparation for market moves involving USDT. Such tran...
