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96% of older Bitcoin being sent to exchanges is now underwater

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CryptoSlate
By Liam 'Akiba' Wright
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96% of older Bitcoin being sent to exchanges is now underwater
Photo / Coverage: CryptoSlateCredit: Liam 'Akiba' Wright
EXECUTIVE SUMMARY

November 10 below-cost deposits fell 29.22% from the prior day but still accounted for about 96% of the cohort's exchange inflows. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  • 96% of older Bitcoin being sent to exchanges is now underwater.
  • November 10 below-cost deposits fell 29.22% from the prior day but still accounted for about 96% of the cohort's exchange inflows.
  • Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.

November 10 below-cost deposits fell 29.22% from the prior day but still accounted for about 96% of the cohort's exchange inflows. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Published originally on CryptoSlate

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CryptoSlate
96% of older Bitcoin being sent to exchanges is now underwater

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