Bitcoin and Ethereum saw massive outflows over the last 7 days as volume also revealed significant movements...
In a whirlwind week, Bitcoin and Ethereum said goodbye to exchanges, saw surging volumes, and presented contrasting narratives for their holders.embarked on an action-packed journey over the past week, as indicated by a recently observed metric. Nevertheless, investors in the top two cryptocurrency giants saw divergent outcomes in terms of their returns.noted significant outflows from all centralized exchanges over the past week.
At the time of this update, the volume had fallen to approximately $18 billion, which was still notably close to the highest volume it had seen in September.trading volume was not as significant as Bitcoin’s, it still displayed a noticeable spike. In fact, Ethereum’s volume has been hovering around $6 billion. Despite the variance in the volumes of these two cryptocurrencies, a common inference can be drawn – There was a substantial presence of heightened trading activity in both markets.
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