#Tradersleague 📊STATISTICS OF BITCOIN AND STABLECOIN BALANCES ON TOP CEX EXCHANGES THIS WEEK
💎 BITCOIN BALANCE
- This week, Bitcoin sharply dropped to 102K and then temporarily recovered. The amount of BTC withdrawn from exchanges remains high, mostly coming from Coinbase
- The ETF inflow this week yielded a significant positive result of ~$1.4B
- Bitcoin Dominance fluctuates around 64-65%
Summary: Withdrawn ~8080 BTC (approximately $830M)
😌 STABLECOIN BALANCE (USDT, USDC)
- Both USDT and USDC showed significant withdrawals on exchanges, with the most volatility coming from Binance
- Tether did not mint any coins this week
Summary: Withdrawn ~$450M USDT, Withdrawn ~$137M USDC
- The Iran vs Israel conflict inadvertently caused strong market volatility...