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Recorded a recorded inflow of bitcoin to crypto exchanges since March 2020

On May 18, 22.9 thousand digital coins were transferred to cryptocurrency platforms in one hour

Cryptocurrency exchanges have seen the largest influx of bitcoins since March last year, according to research firm Glassnode. According to analysts, on May 18, 22.9 thousand bitcoins were transferred to crypto exchanges in one hour.

Photo: Glassnode

Popular analyst William Clement (70 thousand subscribers on Twitter) claims that over the past two days, the flow of bitcoins to the Binance crypto exchange turned out to be the largest in the history of the site. In 48 hours, 35 thousand bitcoins for $ 1.38 billion were transferred to Binance, according to the Bitcoin ($ 39.6 thousand).

gains this background, the cost of bitcoin on the morning of May 19 on the Binance crypto exchange updated a three-month low at $ 38.6 thousand. Over the past day, it dropped by 12%. Bitcoin’s capitalization has shrunk to $ 742 billion, and its share of the digital asset market is 38%, according to Coingecko. The decline in quotations began on the evening of May 18 against the backdrop of another cryptocurrency ban in China.

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