Bitcoin stocks on exchanges hit a low in four months

This happened after the largest outflow of digital coins in a year was recorded amid the collapsecryptocurrency quotes on May 19.

Number of bitcoins on cryptocurrency exchangeshit a four-month low, according to research firm Glassnode. Analysts also noticed large-scale withdrawals of the main cryptocurrency from decentralized platforms, where transactions are made directly.

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Before the collapse of the price of bitcoin to $ 30 thousand, on May 19, the largest influx of digital coins was recorded on crypto exchanges. In one hour, almost 23 thousand digital coins were brought to trading platforms.

At the same time, the largest inflow was notedbitcoins to the Binance cryptocurrency exchange in the entire history of its existence. In 48 hours, users transferred 38 thousand bitcoins to the accounts of the site, which at that time amounted to $ 1.38 billion.

After that, on the evening of May 19, the largest outflow of digital coins occurred in a year. Users of crypto-exchanges per day brought about 175 thousand bitcoins to cold wallets for $ 7 billion at the exchange rate at that time.

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