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CryptoGlobe

2022-12-15 01:20:00

Bitcoin Exchange Netflows Hit Record Outflows of Over 91,000 $BTC

Bitcoin Exchange Netflows Hit Record Outflows of Over 91,000 $BTC

After the collapse of FTX on November 8, centralized exchanges experienced a series of outflows as investors become concerned about the safety of their deposits on these platforms. In November, BTC netflows recorded the largest negative flow in its history, with a netflow of -91,363 BTC, worth over $1.6 billion. According to CryptoCompare’s latest Exchange

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