Crypto exchanges are dealing with significant numbers of withdrawal requests as $5.33 billion in BTC and ETH has been removed from centralized trading platforms.
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency enthusiasts have removed large quantities of bitcoin and ethereum from centralized trading platforms. Seven-day statistics from cryptoquant.com indicate that more than $3.
After seven days of significant crypto price fluctuations, on Sunday, Nov. 13, crypto exchange volumes have seen momentum drop down to levels recorded prior to Nov. 7. Statistics from
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