In the wake of FTX’s fall, the crypto world is looking for more reliable indicators to assess exchange health. Glassnode has introduced three metrics to gauge risk, one of which has revealed an intriguing trend. While Binance and Coinbase show minor fund movements, Huobi’s data shows an increase in transfers to other exchanges. This could be a sign of a more significant shift, and the answer may hold the key to the future of crypto exchanges and investments.
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Information | Details |
---|---|
Geography | Asia |
Countries | |
Sentiment | neutral |
Relevance Score | 8 |
People | None |
Companies | Glassnode, Binance, Huobi, Coinbase, FTX |
Currencies | Ethereum, Bitcoin, Binance USD, Huobi, FintruX |
Securities | None |