Almost $2 billion worth of bitcoins were withdrawn from crypto exchanges in a day

The daily outflow from the trading platforms amounted to more than 47 427 BTC

15.04.2022 - 15:25

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What’s new? The cryptocurrency market has seen BTC outflows of $1,9 billion (more than 47 427 BTC at the exchange rate on April 15) in the past 24 hours, with $1 billion moving to exchange balances, the Glassnode Alerts service reports on Twitter. The net outflow was $926,2 million. There is a positive influx in Ethereum and Tether.

Source: Twitter.com

As of April 15, bitcoin is trading at $40,176, with the asset falling 2,4% in 24 hours. Its market capitalization is $764 billion, according to CoinGecko.

What had happened before? On April 7, 150 BTC were withdrawn from three wallets that had been dormant since 2009 in three transactions of 50 BTC ($2,1 million at the exchange rate at the time of the transaction). The bitcoin exchange rate in 2010 was approximately $0,0025. At the time of purchase, 150 BTC cost $0,37, now their value exceeds $6,3 million. The investments have increased by 17 million times.

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