Exchange Inflows Ramp Up As Crypto Investors Clamor To Exit Market

Exchange Inflows Ramp Up As Crypto Investors Clamor To Exit Market


With the crypto market’s decline, there have been a number of things that have changed drastically in the space. Mostly, investors have been rushing to get out of the market before the crash takes more of their funds. What this has led to has been a significant increase in the number of cryptocurrencies that are flowing to exchanges. Most notably have been Bitcoin and Ethereum, whose daily exchange inflows have touched billions of dollars.

Billions In Crypto To Exchanges

The data for the last 24 hours shows that the amount of funds that are being transferred into centralized exchanges is up over the last week. Instead of the sub-$1 billion figures that have usually been recorded, the volume has ramped up significantly.

Glassnode reports that

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