net outflow
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Digital Asset Investment Products have a Net Inflow of $56.9 Million: An Analysis
According to reports, according to CoinShares, digital asset investment products had a net inflow of $56.9 million last week. Among them, Bitcoin investment products have a net inf
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Understanding the Coin An Net Outflow Phenomenon: Causes and Impacts
On March 28th, according to Nansen data, the net outflow of Coin An in the past 24 hours was approximately $852 million. On December 13, last year, Coin An handled a net outflow of
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Coinbase Report Reveals Massive Net Outflow of USDCs to Pulsechain Sacrifice Wallet
According to the report, Conor, the business director of Coinbase, tweeted that the largest net outflow of USDCs seen on the chain belonged to the Pulsechain Sacrifice wallet. At the weekend, they exchanged 155 million USDCs for 153.7 million DAIs. They should use MakerDAO’s PSM directly, and Pulsechain finally took on the sliding point of $1.4 million, which they don’t need to do. Business director of Coinbase: Pulsechain Sacrifice wallet exchanged 155 million USDCs for 153.7 million DAIs Analysis based on this information:Coinbase, one of the leading cryptocurrency exchange platforms, has reported on a significant outflow of its USD Coin (USDC) from its exchange. According to Conor, the business director of Coinbase, the largest net outflow of USDCs was seen on the chain, primarily flowing to the Pulsechain Sacrifice wallet. This transaction occurred over the weekend, where a total of 155 million USDCs were exchanged for 153.7 million DAI, a stablecoin backed by MakerDAO. While the transfer of USDCs to…
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Crypto Investors Withdraw $31.7 Million Amid Market Turmoil
It is reported that according to the CoinShares report, the net outflow of digital asset investment products last week was 31.7 million US dollars, which is th…
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Large Net Outflow of Cipher Exchange’s Currency Security
On February 14, Nansen data showed that the net outflow of Cipher Exchange\’s currency security was about 831 million US dollars in the past 24 hours, which was…