BTC Investors Withdraw Coin at Historic Rate: Tweets Glassnode
CoinEdition
Published Nov 14, 2022 09:25AM ET
BTC Investors Withdraw Coin at Historic Rate: Tweets Glassnode
- Glassnode tweeted the withdrawal of BTC coins at a historic rate of 106 BTC/month.
- The rate was similar to the pattern of withdrawals in April and November 2020 and June and July 2022.
- The bulk withdrawals resulted from the bankruptcy filing and SBF’s resignation.
The leading onchain and financial metrics platform Glassnode tweeted that the BTC investors have been withdrawing coins at a historic rate of 106 BTC per month, after the fall of FTX.
The platform added the current tendency of the investors could be comparable with the previous trends in April and November 2020, and June and July 2022:
Notably, it could be analyzed from the journey of the company that the current flow of the coin resembles a similar pattern that was seen in 2020 and earlier in 2022.
The post BTC Investors Withdraw Coin at Historic Rate: Tweets Glassnode appeared first on Coin Edition.
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