‘Spectacular’ trading drop plagues still-reeling crypto market
Meanwhile, a “Liquid Tradeable BTC” proxy tracked by Arcane Research has slid to June 2020 lows, and exchange balances have fallen to 12% thanks to a rise in self-custody, the company said in a report compiled by Bendik Schei and Vetle Lunde. This, they say, has direct implications for Bitcoin liquidity because fewer coins available to trade can mean more volatility.
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