Exchange Inflows Spike As LFG Moves Bitcoin Reserves

The listed below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazines premium markets newsletter. To be among the first to get these insights and other on-chain bitcoin market analysis directly to your inbox, subscribe now.LFG Exchange InflowsAs a result of this weeks chaos, exchanges had an approximated 52,333 of bitcoin inflows mostly driven by the depletion of the Luna Foundation Guard (LFG) reserve balance. On a 30-day rolling basis, exchange outflows are still dominant with 15,012 BTC outflows from exchanges up from almost 100k BTC in outflows at the recent peak.

The listed below is an excerpt from a current edition of Bitcoin Magazine Pro, Bitcoin Magazines premium markets newsletter. To be amongst the first to receive these insights and other on-chain bitcoin market analysis directly to your inbox, subscribe now.LFG Exchange InflowsAs a result of this weeks mayhem, exchanges had actually an estimated 52,333 of bitcoin inflows mostly driven by the exhaustion of the Luna Foundation Guard (LFG) reserve balance. On a 30-day rolling basis, exchange outflows are still dominant with 15,012 BTC outflows from exchanges up from nearly 100k BTC in outflows at the recent peak.

Leave a Reply

Your email address will not be published. Required fields are marked *