Total Flows on Exchanges Show 370% Rise as Market's Volatility Is Topping

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

ICYMI: this week the sum of Total Flow on Bitcoin reached its highest values since November 2017 $BTC $ETH cryptomarket

As the Total Flows Indicator, which measures inflows and outflows from exchanges, suggests, this week the sum of Total Flow on Bitcoin reached its highest values since November 2017. There are many causes behind such a strong increase in exchange flows, apart from the massive spike in volatility.

The massive spike in exchange outflows could have been one reason for a series of withdrawal limitations on the biggest centralized exchangers in the industry, including Binance. While the exchange's representatives stated that it was nothing but a technical issue, users started to move their funds away from exchanges in panic.This week, the sum of Total Flows on

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WTI Crude Oil Forecast: Market Gives Up Early Gains AgainThe West Texas Intermediate Crude Oil market initially rallied on Tuesday but gave bank gains yet again as we continue to see plenty of volatility.
Source: Daily_Forex - 🏆 567. / 51 Read more »