Bitcoin (BTC) inflows to largest exchange Binance just saw a giant spike reminiscent of the 2018 bear market capitulation.
Data from on-chain analytics platform CryptoQuant shows that on Nov. 18, a giant tranche of almost 60,000 BTC entered Binance’s wallet.
Exchange inflows highest since late 2018
BTC price contagion fears thanks to FTX insolvencies and related panic selling are ongoing.
Now, the latest on-chain figures from Binance could provide an additional catalyst for nervous markets —…
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