As 2024 approaches its last day, many regions' financial markets have already started their holidays. Interestingly, the enthusiasm for withdrawing cryptocurrencies in the crypto circle has not diminished at all during this period. According to data from Coinglass, in the past 24 hours, the total net outflow of Bitcoin from major CEXs has reached 3,451.64 BTC. What does this wave of withdrawals reflect? Many investors might be adjusting their BTC positions before the end of the year. Market participants are transferring their assets to cold wallets or self-custody wallets through withdrawals, a phenomenon that is indeed common at the end of the year.
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BTCBeliefStation
· 7h ago
Still withdrawing coins crazily at the end of the year, these people really don't want to gamble anymore.
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bridgeOops
· 7h ago
The outflow of coins is just fear, everyone wants to hold their coins in their hands before the New Year.
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SpeakWithHatOn
· 7h ago
End-of-year run season, huh? Keeping it yourself feels much more secure than leaving it on an exchange.
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ThatsNotARugPull
· 7h ago
Year-end big retreat, this wave is indeed quite interesting.
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AlwaysQuestioning
· 7h ago
They're starting to withdraw again. Could they all be trying to catch the bottom?
As 2024 approaches its last day, many regions' financial markets have already started their holidays. Interestingly, the enthusiasm for withdrawing cryptocurrencies in the crypto circle has not diminished at all during this period. According to data from Coinglass, in the past 24 hours, the total net outflow of Bitcoin from major CEXs has reached 3,451.64 BTC. What does this wave of withdrawals reflect? Many investors might be adjusting their BTC positions before the end of the year. Market participants are transferring their assets to cold wallets or self-custody wallets through withdrawals, a phenomenon that is indeed common at the end of the year.