{"id":140666,"date":"2023-09-01T23:12:11","date_gmt":"2023-09-01T17:42:11","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=140666"},"modified":"2023-09-01T23:12:11","modified_gmt":"2023-09-01T17:42:11","slug":"shift-to-self-custody-125m-bitcoin-outflow-stirs-market-interest-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shift-to-self-custody-125m-bitcoin-outflow-stirs-market-interest-crypto-news\/","title":{"rendered":"Shift to self-custody? $125M Bitcoin outflow stirs market interest &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<h2>Quick Take<\/h2>\n<p>Yesterday, Aug. 21, marked a remarkable shift in the Bitcoin landscape as finance experienced one of its most substantial outflows to date, approximately $125M. This considerable movement of funds away from finance platforms may suggest an increased preference among users for holding their own assets rather than keeping them on exchange platforms.<\/p>\n<p>Such a trend, if persistent, could shift the dynamics of the Bitcoin market, potentially impacting liquidity and price volatility. However, it\u2019s essential to understand that while substantial, this outflow represents a small fraction of the total Bitcoin market cap. The implications of this event on the overall market stability and industry practices remain to be seen.<\/p>\n<figure id=\"attachment_351891\" aria-describedby=\"caption-attachment-351891\" style=\"width: 1220px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-351891\" class=\"wp-caption-text\">Net Transfer Volume: (Source: Glassnode)<\/figcaption><\/figure>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/bitcoin-users-shift-125m-off-binance\/\">Shift to self-custody? $125M Bitcoin outflow stirs market interest<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\">CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick Take Yesterday, Aug. 21, marked a remarkable shift in the Bitcoin landscape as finance experienced one of its most substantial outflows to date, approximately $125M. This considerable movement of funds away from finance platforms may suggest an increased preference among users for holding their own assets rather than keeping them on exchange platforms. Such [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":140667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-140666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=140666"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140666\/revisions"}],"predecessor-version":[{"id":140668,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140666\/revisions\/140668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/140667"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=140666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=140666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=140666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}