OKEx, BitMEX, & More: Are BTC Hodlers Losing Trust in Crypto Exchanges?

Source: financemagnates.com

Key Topics in this News Article:

News Snapshot:

Finance Magnates Telegram Channel Earlier this week, data from Glassnode showed that the amount of BTC that was being kept on cryptocurrency exchanges was at its lowest point in months . The total number of Bitcoins on exchanges has been steadily declining since March 12th and 13th, when the most famous crypto market crash of the year took place. Indeed, during those two days, the price of Bitcoin swiftly fell from over $9,000 to nearly $4,000. Since then, data from Glassnode shows that the amount of Bitcoin that is stored in cryptocurrency exchange accounts has fallen $2.85 billion, from 2,950,000...