Today news
About the same in other media
CryptoQuant Reports Decline in Binance’s Bitcoin Reserves as Retail Flow Shifts to Coinbase
Reading now: 770
Bitcoin reserves on the world’s largest cryptocurrency exchange, Binance, are rapidly depleting, according to data from blockchain analytics firm CryptoQuant.
The outflow is notably shifting towards the premium digital asset platform of the US-based crypto exchange Coinbase.
Providing more details, CryptoQuant points out that Coinbase Pro has so far received 12,000 Bitcoins while there has been a direct reduction in Binance’s reserves, with its figure standing at 5,000 BTC.
$BTC moving from Binance to Coinbase
"Coinbase's reserves have since increased by around 12,000 BTC while Binance's have decreased by 5,000 BTC."
by @gaah_im
Link
Read more on cryptonews.comAbout this in other media
Coinbase, Microstrategy Shares Surge as Bitcoin Resumes Rally cryptonews.com /11 months ago
Coinbase CEO Alleges Bitcoin May Be the “Key to Extending Western Civilization” cryptonews.com /11 months ago
Coinbase Transparency Report: Law Enforcement Requests Tripled in Three Years cryptonews.com /11 months ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
