Crypto News

Coinbase Withdrawals Remain High Despite the recent market volatility, Coinbase users have continued to withdraw their BTC holdings from the exchange. This trend has been observed since the beginning of June, with a total of 12,585 BTC being withdrawn from the exchange in the past 40 days. This can indicate that Coinbase users are either moving their funds to other exchanges or to cold storage for long-term holding. Binance Witnesses Inflows of 30,082 BTC On the other hand, Binance, the world's largest crypto exchange by trading volume, has reported significant inflows of BTC in the past 40 days. The total inflow of BTC to Binance during this period is approximately 30,082 BTC, indicating a growing interest in the exchange's services. This can be attributed to Binance's wide range of trading pairs, high liquidity, and competitive trading fees. Impact on Crypto Prices The continuous outflows from Coinbase and inflows to Binance could potentially have an impact o...