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
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