Exchanges experienced larger withdrawals than Bitfinex

Exchanges experienced larger withdrawals than Bitfinex

@Garry Kabankin

1 min read

28.04.2019

USDT

28-3-2019-trending-words

BITFINEX

Bitfinex FUD made many users to withdraw their funds.

But had exchanges seen a larger exodus?

Let's have a look at Santiment on-chain data and compare withdrawal flows from different exchanges within a year.

Bitfinex: ×3 above average withdrawals after USDT dropped to 0.86; ×3.7 after NY lawsuit

Gate.io: ×3.4 on ETC 51% attack; ×3.5 on December 19, reason unclear

HitBTC: ×6.2 upon stop servicing Japanese residents

Summing up: largest withdrawals spikes multipliers above average

Was this Insight helpful to you? Your feedback means a lot to us!

Featured in this Insight

Tether [on Avalanche] USDT

$ 0.999985

-0.0175%

in last 7d

Tether [on Arbitrum] USDT

$ 0.999985

-0.0175%

in last 7d

Tether [on Optimism] USDT

$ 0.999985

-0.0175%

in last 7d

Tether [on Polygon] USDT

$ 0.999985

-0.0175%

in last 7d

Tether [on Ethereum] USDT

$ 0.999985

-0.0175%

in last 7d

Tether [on BNB] USDT

$ 0.999985

-0.0175%

in last 7d

Tether [on Solana] USDT

$ 0.999985

-0.0175%

in last 7d

USDT

28-3-2019-trending-words

BITFINEX

Conversations (0)

No comments yet

Be the first to comment