Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Poolin sent over 5K Bitcoin to exchanges since May 30
The Poolin mining pool signals further distress as its BTC to exchanges count continues to climb.
Quick Take
- On June 5, CryptoSlate reported that a high volume of Bitcoin was being sent from miner balance to exchanges.
- Further analysis has confirmed a significant proportion of the miner outflow is attributable to the Poolin miner pool.
- Poolin sent 1,200 Bitcoin to Binance yesterday. This takes their total BTC outflow to 5,800 since May 30.
- CryptoSlate had previously reported that Poolin was experiencing distress, leading to a 94% decline in their hash rate from all-time highs.
