Recent data from analytics firm Glassnode indicate a swift and pronounced outflow of capital from the cryptocurrency market, a trend reminiscent of the 2022 bear market downturn. Bitcoin and Ethereum, the foremost digital currencies, are experiencing substantial reductions in net positions, underscoring a broader wave of caution among market players.
Continue Reading:Crypto Exodus: Rapid Outflows Reshape Digital Asset Landscape
Source: https://en.bitcoinhaber.net/crypto-exodus-rapid-outflows-reshape-digital-asset-landscape