Content
@
0 reply
20 recasts
20 reactions
Paul Kid
@paulkid
📊BITCOIN AND STABLECOIN BALANCE STATISTICS ON TOP CEX EXCHANGES THIS WEEK 💎 BITCOIN BALANCE - This week, Bitcoin withdrawals on exchanges accounted for the majority. Withdrawals were highest at Coinbase, Bitfinex - ETF cash flow continued to produce huge positive results ~$2B. Blackrock led with a net positive of ~$2B - Bitcoin Dominance recovered to >61%. Bitcoin breaks above 93K Summary: Withdraw ~14500 BTC (about $1.3B) 😌 STABLECOIN BALANCE (USDT, USDC) - USDT deposits to exchanges are quite high, led by Binance ~$2.8B - Tether has Minted $5B this week with many scattered mint orders of 10-50M USDT/USDC - USDC deposits to exchanges account for a large volume from Binance, with the strongest withdrawals at OKX, Bybit Summary: Deposit ~$332M USDT, Deposit ~$102M USDC
0 reply
0 recast
2 reactions
