What does it mean when Bitcoin is transferred from an exchange (Bitcoin transfer)
What does it mean when Bitcoin is transferred from an exchange? According to amb
What does it mean when Bitcoin is transferred from an exchange? According to ambcrypto, in a recent transaction, 100 BTC were transferred from one wallet to two other wallets. According to CoinMarketCap data, these numbers represent the quantity of the address that receives the most funds from exchanges. If this address belongs to Bitfinex or Huobi, for example, they could transfer 100,000 BTC from one wallet to another. However, what happens when a user deposits $1000 somewhere? This may mean that they have withdrawn most of their funds.
Bitcoin transfer
According to bitcoinist, based on data from Bitstamp and Gemini, over 1 billion BTC has been transferred to different wallets in the past two weeks. Most of them are sent to a new address and then further transferred from two wallets to another to receive more funds. These transactions involve the same exchange or custodian. Therefore, this trend is likely to continue as some whales are sending their BTC from one address to another and then moving them back to their own hot wallets.
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