Home Cryptocurrency Inflows of Gemini bitcoins from other exchanges fell to a roughly six-year low, CryptoQuant data shows

Inflows of Gemini bitcoins from other exchanges fell to a roughly six-year low, CryptoQuant data shows

by SuperiorInvest

For example, Kraken and Coinbase’s current 30-day SMAs for their BTC inflows are nowhere near their six-year lows. In 2023, incoming BTC transfers from Kraken ranged between roughly 700 BTC and 1,030 BTC, while Coinbase ranged from roughly 2,800 BTC to 3,700 BTC. BTC inflows to Kraken and Coinbase increased by 42.5% and 30.5% respectively this month, according to CryptoQuant.

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