- The FTX collapse demonstrated the necessity to self custody your crypto, a pattern that CryptoSlate has monitored for fairly a while.
- Nonetheless, a shift occurred in February that noticed cash return to the market, which noticed a build-up of open curiosity and a reasonably flat value construction for Bitcoin in February.
- This noticed roughly an adjustment of 10% of cash returning to exchanges, the very best degree since Could – July 2022, in the course of the Luna collapse.
- This variation is one thing I alluded to this week, as cash have been going again onto exchanges, which has coincided with value drops.
The submit Market shift going down as Bitcoin returns to exchanges appeared first on CryptoSlate.