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Stablecoin withdrawals from exchanges reach $800M on Jan. 30
While $230M of inflows have occurred for Bitcoin on Jan. 30, the fifth largest inflow in three months
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
Quick Take
- Roughly 10,000 BTC was sent to exchange addresses on Jan. 30
- The fifth biggest inflow in the past three months, equivalent to around $230 million
- In addition to roughly $800 million of stablecoins leaving exchanges
- Almost half of this amount ($300 million) is BUSD being withdrawn from exchanges.
- Stablecoin balance on exchanges is now sitting at $35.6 billion
Market Cap $1.59T
24H Volume $33.81B
