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 This article is more than 2 years old...
Yesterday saw the largest one-day Bitcoin transfer from miners to an exchange in two years
The transaction occurred between the mining pool, Poolin, and Binance.
Quick Take
- The total daily amount of Bitcoin transferred from miners to exchange wallets hit a two-year high yesterday.
- The transaction occurred between the mining pool, Poolin, and Binance.
- This does not necessarily mean that the Bitcoin was sold; it only means that it was transferred.
- CryptoSlate has been monitoring Poolin since it experienced a liquidity crisis beginning in September 2022.
- During that crisis, the overall balance in Poolin's BTC wallets sank from 24,000 to 6,000.
- The pool surged to 13,000 BTC last week and now sits at 10,000.
- Poolin experiences a great deal of volatility, and therefore CryptoSlate continues to monitor it closely.

Miners to exchanges: (Source: Glassnode)


















