Insights
XRP maintains steady price increase despite early May buy spike BlackRock’s IBIT 20-day inflow streak broken as Bitcoin ETFs see outflows of $96 million Bitcoin steady as US inflation data for April cools to 2.3% before tariff impact kicks in Spot Bitcoin ETFs see weak $5M inflow even as Bitcoin hit $105k Solana network rebounds with record $35.6 billion DEX volume and 58% TVL surge
Three consecutive days of Bitcoin outflows Three consecutive days of Bitcoin outflows James Van Straten · 2 years ago
Insights BitcoinETFs

Three consecutive days of Bitcoin outflows

Data via Glassnode

Looking at all exchanges combined, yesterday was the second largest Bitcoin outflow, 15,000 Bitcoin

James Van Straten / @jvs_btc / Jun. 8, 2023 at 9:49 am UTC

Quick Take

  • Looking at all exchanges combined, yesterday was the second largest Bitcoin outflow, 15,000 Bitcoin.
  • Currently, 2.292M Bitcoin sit on exchanges, now only 8K BTC away from where we were at the start of the year but 60% higher in price.
  • Three consecutive days of outflows
Netflow: (Source: Glassnode)
Netflow: (Source: Glassnode)
Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

Latest Insights
XRP maintains steady price increase despite early May buy spike

XRP maintains steady price increase despite early May buy spike

Data via Glassnode 10 hours ago
BlackRock’s IBIT 20-day inflow streak broken as Bitcoin ETFs see outflows of $96 million

BlackRock’s IBIT 20-day inflow streak broken as Bitcoin ETFs see outflows of $96 million

15 hours ago
Bitcoin steady as US inflation data for April cools to 2.3% before tariff impact kicks in

Bitcoin steady as US inflation data for April cools to 2.3% before tariff impact kicks in

1 day ago
Spot Bitcoin ETFs see weak $5M inflow even as Bitcoin hit $105k

Spot Bitcoin ETFs see weak $5M inflow even as Bitcoin hit $105k

Data via Glassnode 2 days ago
Latest Alpha Market Report
Banks lagging behind crypto integration risk competition from tech-focused financial institutions
Available exclusively via

Banks lagging behind crypto integration risk competition from tech-focused financial institutions

Andjela Radmilac · 2 days ago

CryptoSlate's latest market report dives deep into Chainalysis' plan for banks to adopt crypto through a phased five-level maturity model that stretches from education to DeFi services.

Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

In this insight

Bitcoin BTC (24h)
$103,146.10 -0.51%
Vol: $45.38B MCap: $2.05T

Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.

More about Bitcoin

Most Viewed