{"id":182357,"date":"2023-10-27T21:05:57","date_gmt":"2023-10-27T15:35:57","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=182357"},"modified":"2023-10-27T21:05:57","modified_gmt":"2023-10-27T15:35:57","slug":"crypto-dot-com-records-highest-bitcoin-inflow-since-ftx-collapse-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-dot-com-records-highest-bitcoin-inflow-since-ftx-collapse-crypto-news\/","title":{"rendered":"Crypto dot com records highest Bitcoin inflow since FTX collapse &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<h2>Quick Take<\/h2>\n<p>Crypto.com has recently experienced an unprecedented influx of Bitcoin, with the volume reaching around $50 million. Compared to the inflows seen by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/unprecedented-series-of-bitcoin-inflows-and-outflows-observed-across-exchanges\/\">larger exchanges<\/a> in recent weeks, this may not seem significant.<\/p>\n<p>However, this surge underlines a noticeable trend of increased activity even on smaller exchange platforms.<\/p>\n<figure id=\"attachment_368797\" aria-describedby=\"caption-attachment-368797\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-368797\" class=\"wp-caption-text\">Exchange Netflow: Crypto.com (Source: Glassnode)<\/figcaption><\/figure>\n<p>This inflow serves as the highest since the collapse of FTX in November 2022 and was primarily driven by a large whale. Historically, such inflows and outflows at Crypto.com have been closely correlated with considerable price movements, potentially signaling a period of increased market volatility.<\/p>\n<p>In 2023, the crypto market witnessed a significant pattern where a considerable inflow or outflow followed a substantial inflow or outflow. Specifically in the months of March, April, and June. Given this trend, it raises the question \u2013 are we on the cusp of another massive outflow?<\/p>\n<p>Notably, Crypto.com holds approximately 47,000 BTC on their exchange, a figure that has remained relatively stable throughout 2023. Yet, the recent surge in inflows could be forecasting a shift in this equilibrium, signifying a potential market trend that warrants close monitoring.<\/p>\n<figure id=\"attachment_368792\" aria-describedby=\"caption-attachment-368792\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-368792 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/10\/CC.png\" alt=\"Exchange Balance: (Source: Glassnode)\" width=\"1800\" height=\"1013\" \/><figcaption id=\"caption-attachment-368792\" class=\"wp-caption-text\">Exchange Balance: (Source: Glassnode)<\/figcaption><\/figure>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/crypto-dot-com-records-highest-bitcoin-inflow-since-ftx-collapse\/\">Crypto dot com records highest Bitcoin inflow since FTX collapse<\/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 Crypto.com has recently experienced an unprecedented influx of Bitcoin, with the volume reaching around $50 million. Compared to the inflows seen by larger exchanges in recent weeks, this may not seem significant. However, this surge underlines a noticeable trend of increased activity even on smaller exchange platforms. Exchange Netflow: Crypto.com (Source: Glassnode) This [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":182358,"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-182357","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\/182357","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=182357"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182357\/revisions"}],"predecessor-version":[{"id":182359,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182357\/revisions\/182359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/182358"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=182357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=182357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=182357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}