Glassnode: Yesterday, short-term BTC holders deposited more than $2 billion worth of BTC into CEX
According to Glassnode data on December 13th, short-term BTC holders (entities that have held BTC for no more than 155 days) sent $1.93 billion worth of BTC to trading platforms on December 11th, and $2.08 billion worth of BTC on the following day. The last time the value of BTC transferred to CEX in a single day was over $2 billion was in June 2022, and it was believed that this data was a market reaction to the impending collapse of CeFi platform Celsius.
In addition, the daily trading volume on December 12th also reached the highest level since early July this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
LITUSDT now launched for futures trading and trading bots
Bitget Spot Margin Announcement on Suspension of CELR/USDT, RIF/USDT Margin Trading Services
CandyBomb x FOGO: Trade futures to share 1,000,000 FOGO!
Bitget Spot Cross Margin adds HYPE/USDT
