Bitcoin Balans Echanj frape yon ba twa ane

By Bitcoin Magazine - 2 years ago - Reading Time: 1 minutes

Bitcoin Balans Echanj frape yon ba twa ane

Total la bitcoin on exchanges has hit another three-year low, with 2,408,237 BTC reported.

Sa ki anba la a soti nan yon dènye edisyon Deep Dive la, Bitcoin Bilten nouvèl sou mache prim magazin yo. Pou w pami premye moun ki resevwa enfòmasyon sa yo ak lòt sou-chèn bitcoin analiz mache dirèkteman nan bwat resepsyon ou a, Abònman kounye a.

Bitcoin balance on cryptocurrency exchanges.

Total bitcoin on exchanges has hit another three-year low today, with 2,408,237 BTC across all reported exchanges.

Total bitcoin balance on cryptocurrency exchanges peak versus now.

When looking at the net daily transfer volume on exchanges with a 30-day moving average applied, it can be seen how different this recent sell-off and subsequent derivatives market liquidation was compared to the one seen in April/May.

During the May sell-off, 5,149 BTC were deposited per day on average during the peak of the sell-off. Comparatively, today 1,178 BTC have been withdrawn from exchanges per day on average over the last month. 

Net transfer volume of bitcoin from and to cryptocurrency exchanges.

We can also take the 30-day moving average of exchange netflow and adjust it by adjusted supply (circulating supply adjusting for lost coins).

The green and red arbitrary thresholds are times when 0.7% of bitcoin’s adjusted supply were withdrawn or deposited on exchanges respectively. 

Bitcoin on exchanges, percentage of netflow/adjusted supply.

Sous orijinal: Bitcoin Magazine