Lex Moskovski, an analyst and IT director of Moskovski Capital, said in Twitterthat over the past 24 hours, the largest inflow of bitcoins in a month was recorded. He referred to the graph of the analytical company Glassnode, which shows that on April 23, 20.3 thousand bitcoins were transferred to cryptocurrency exchanges. Writes about this RBC Crypto.
20,370 #Bitcoin were net-deposited to exchanges in 24h.
This inflow is rivaled only by the March, 20 crash.
Yearly ATH. pic.twitter.com/5bFNbGPhyc
– Lex Moskovski (@mskvsk) April 23, 2021
Lex Moskovsky also provided a graph showing the change in the volume of bitcoins that are stored on crypto exchanges.
“Short-term significant inflow looks insignificant in the long-term,” the expert noted.
On April 23, bitcoin quotes on the Binance crypto exchange dropped to the lowest mark since March 6 of $ 47.5 thousand. As of 20:45 Moscow time, the value of the main cryptocurrency is recovering and is $ 49.9 thousand. The decline in the crypto market occurred amid news that the President of the United States Joe Biden plans to nearly double the capital gains tax for the rich.
Earlier, the CEO of the analytical company CryptoQuant Ki Yong Joo said that he considers the decline in bitcoin quotes as a technical correction. In his opinion, the correction was due to a large number of long positions with excessive leverage.
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