Bitcoin Exits Exchanges at Highest Rate Since 2022

Quick Summary:

Bitcoin has seen a significant outflow from exchanges, recording the largest withdrawal of the digital asset from centralized trading networks since November 2022.

On-chain data shows that this pattern is continuing through 2023 and in 2024 as well, with many users moving their assets away from exchanges.

This movement is visible in the 30-, 50-, […]

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: Price Analysis News Market News BTC Market Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 13:40:00 (10 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 143 words

Reading Time: 1 minutes read

Sentences: 46 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22881677

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 16 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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