Exchange. Ether (ETH): On-chain data suggests Ether investors bought September dip. The cryptocurrency’s weekly chart MACD histogram, an indicator used to identify trend changes and trend strength, has dipped below zero for the first time since March, indicating a bearish shift in the broader trend. The balance of bitcoin on major exchanges has hit its lowest levels since November 2018. According to Arcane Research, the amount of bitcoin held on exchanges is down 21% since February. Transaction volume alone is not an exclusive indicator for accumulation because selling activity could also be high. For instance, a metric that measures the total available BTC balance on trading platforms alerted an ongoing decline in reserves. For instance, news.Bitcoin.com noted that exchange balances were sinking in December 2020 and draining in October 2020 as well. While everything seems to be looking up for Bitcoin price, it is crucial to understand that unforeseen events could lead to a … Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume As usual, bitcoiners believe that the data suggests investors are accumulating, rather than selling the bitcoin on exchanges. More than $150M drained in hack on Singaporean cryptocurrency exchange KuCoin (CoinDesk), Bahamas sets Oct. 20 as date for “sand dollar” token, perhaps the world’s first retail central-bank digital currency (CoinDesk), Trading volumes for Grayscale Bitcoin Trust (GBTC) and other crypto exchange-trading products shrink as prices fall (CoinDesk), Bitcoin mining-rig-maker MicroBT expands into offshore manufacturing, reportedly to help U.S. buyers dodge tariffs on Chinese imports; inks deal with Foundry Digital, a subsidiary of Digital Currency Group, which also owns CoinDesk (CoinDesk), OKEx CEO Jay Hao says “fair launch” distributions are “fundamentally flawed” because tokens end up “in the hands of retail investors,” leading to “superlatively high fluctuations,” or else it all becomes “a playground for whales” (OKEx via LinkedIn), Coinbase CEO Armstrong says cryptocurrency exchange won’t engage in “social activism” or “debate causes or political candidates internally” because it’s a “distraction” and creates “internal division” (Brian Armstrong/Medium), Bitwise bitcoin fund doubles to $9M as investor fears grow over runaway inflation, Just as Federal Reserve-fueled stocks rally fades, giant public pension systems decide maybe they’re missing out and should allocate more money into equities (WSJ), New York Fed says moral hazard from official coronavirus aid to be less than in 2008 because business losses weren’t necessarily due to poor risk management, just “bad luck” (NY Fed), Accenture, Darden Restaurants, Foot Locker among companies reinstating dividends or stock buybacks after cutting jobs (CNBC), Deutsche Bank revising remote-working policies in effort to permanently reduce office space (Bloomberg), Coronavirus fears and US presidential elections caused mixed results for Asian stocks during the weekly open (SCMP), Bank of England governor won’t say no to negative interest rates; it’s “in the tool bag” (FT). In fact, according to the popular crypto-analyst, selling Bitcoin right now is a crazy […] It is the highest the asset has traded since Feb. 22 when it was falling back … This means 11,000 BTC has been withdrawn from Okex since October 16, 2020. At the time, however, Coinbase held 908k BTC and today, stats show Coinbase only holds 870k BTC. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Bitcoin: (BTC): Largest cryptocurrency breaks record for longest streak of days above $10K, now at 63 days. A whopping 189,000 bitcoin was withdrawn from the top five leading cryptocurrency exchanges … Bitcoin Exchanges. The exchange currently holds a supply of 215,000 BTC at the time of publication, but four months ago, Binance held 266k BTC as it lost 51,000 BTC to customer withdrawals. This was also after the exchange saw 36,000 BTC in withdrawals leave Coinbase since June 2020. That’s 34,000 BTC that’s left the San Francisco exchange … Source. Glassnode revealed that the previous low was observed on 27 June 2020 after cryptocurrency exchanges had a balance of only 17,702,252.585 ETH. Let us know what you think about this subject in the comments section below. It could be an indication of bullishness among bitcoin traders. Bitcoincharts is the world's leading provider for financial and technical data related to the Bitcoin network. Crypto payments banned in Turkey — Is this just the beginning? Bitcoin Vault price today is $51.05 with a 24-hour trading volume of $3,390,315.BTCV price is down -2.6% in the last 24 hours. Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet. Another interpretation, according to Arcane Research, is that traders are taking their bitcoin off exchanges to deploy them in the decentralized finance sector, known as DeFi. The Bitcoin inflow into exchanges last touched 2 BTC on October 28. Last week, the price was much lower hitting a low of $43,171 per unit on Bitstamp on February 28. Bitcoin Price Update. The second-largest cryptocurrency Ether [ETH] balance on exchanges had witnessed a 3-month low of 17,701,959.503. The latter might be what’s happening now, CoinDesk’s Muyao Shen reported Monday. Bitcoin Balance on Exchanges. #Bitcoin Balance on Exchanges taking another dive pic.twitter.com/F20tohfXsu, — William Clemente III (@WClementeIII) March 7, 2021.