Crypto exchanges lost almost $2 billion worth of $BTC in the last 24 hours: details
removed from exchange circulation could still have a strong effect on the market's liquidity.
As data suggests, the crypto market saw outflows of $1.9 billion worth of BTC in the last 24 hours, with $1 billion moving on exchange balances. The net flow of Bitcoin would remain at a negative $925 million. and Tether reported a positive flow, but it still does not cover even half of the loss exchanges faced from Bitcoin outflows.The balance of Bitcoin and other major cryptocurrencies on centralized exchanges often represented the sentiment of cryptocurrency traders. Here, large outflows of Bitcoin hint at an accumulation trend among investors.
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