Glassnode: Yesterday, short-term BTC holders deposited more than $2 billion worth of BTC into CEX
According to Glassnode data on December 13th, short-term BTC holders (entities that have held BTC for no more than 155 days) sent $1.93 billion worth of BTC to trading platforms on December 11th, and $2.08 billion worth of BTC on the following day. The last time the value of BTC transferred to CEX in a single day was over $2 billion was in June 2022, and it was believed that this data was a market reaction to the impending collapse of CeFi platform Celsius.
In addition, the daily trading volume on December 12th also reached the highest level since early July this year.
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
Standard Chartered Analyst Revises Bitcoin Price Prediction
Solidus Labs Reports Major Fraud in Solana’s Pump.fun Tokens
Ethereum Breaks Key Resistance, Analysts Predict $2,500 Target
XRP Shows Significant Gain Amidst Crypto Market Rally
Trending news
MoreCrypto prices
More








