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Glassnode data, as analyzed by CryptoSlate, showed that retailers are taking out their coins from exchanges at the most aggressive rate, with the withdrawals coming mostly from Crypto.com.
Data analyzed by CryptoSlate showed sharp spikes in interexchange flows to FTX, with the most notable one being from Huobi.
The market crisis caused by the FTX fallout put the security of user funds into question and could have pushed retail traders away from centralized exchanges.
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
El Salvador President Nayib Bukele proclaims Bitcoin as the opposite of FTX and likened FTX to a Ponzi scheme in the wake of the exchange's collapse on Nov. 14.
Data analyzed by CryptoSlate shows that all categories of Bitcoin investors aggressively accumulated throughout the week.
Twitter is fraught with fear that exchanges may be faking proof of reserves amid rampant speculation.
The ongoing market slump caused by the FTX fallout hasn't left Bitcoin miners unscathed. The market has seen the biggest one-day miner selling pressure…
Inflation has fallen to -0.032/year, according to Ultrasound money, suggesting that the network is currently burning more Ether than it is minting.
