Another 11,000 BTC moved off exchanges in an hour this morning. Exchanges now down over 30,000 BTC in the last 3 days.pic.twitter.com/FMGEXBSrPM
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As far as I can see a great deal of those 11k is
@bitfinex Maybe@paoloardoino can shed some light on the nature of the move.pic.twitter.com/fuUDkIjQD6
I think most of it it's cold->hot wallet refills with change addresses not correctly accounted by glassnode https://www.blockchain.com/btc/tx/d143abd7c7244456510f91522f30eb31d67dc7c729249e981162eb00919cb1b2 … https://www.blockchain.com/btc/tx/7c1386d14c5ba4e2107af952eacd6d6529fc3ec6fe5688e190703beea316154b … https://www.blockchain.com/btc/tx/1da0567f649c6493918a177e328d4bd77cfa90315667e18ba0e90eae9108c555 … we refilled 4800 BTC but seems change addresses were considered withdrawals too
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Just out of curiosity - Why would you change adresses?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thank you, Bitfinex has superb communication
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used to know a couple ponzi scheme ppl, they were great at communicating and very supportive.
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In the last 4 hours there were a lot of sells on Finex, so we're seeing some outflows now. Around 4.5k BTC so far left the exchange.
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If price is moving up whilst absorbing the sells this is a good sign
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