The magnitude of the output bitcoins, with the cryptocurrency exchanges are on a six-month high. This is evidenced by data provided by service Glassnode.
As of may 7, on the trading floors of the BTC balance was reduced to 2,360 million coins. At the end of April this figure was 2,364 million bitcoins, the researchers note. This trend is observed for several weeks after the March collapse, known in the history of cryptosphere as “Black Thursday”.
On systematic withdrawal of crypto currencies with trading platforms at the end of last year drew the attention of analysts TokenAnalyst. They noted that the value of BTC in the eyes of investors gradually increases, and they refuse to sell coins, even in periods of dominance of the “bear trend”.
Earlier it was reported that stock liquidity is decreasing with Feb the year 2020. Only at the end of March, investors withdrew with platforms more than 20 000 bitcoins in five days.
The transition to long-term storage of cryptocurrency, many observers associate with the upcoming alvingham, which after may 12 reward miners for mining a block will drop from 12.5 to 6.25 BTC.
The activity of Internet users is now at a high since the fall of 2017. Many expect that after halving bitcoin will maintain an upward trajectory.
Thursday, may 7, the rate of BTC has reached $9300. In the last 24 hours the market capitalization of bitcoin has increased by almost 3% to $170,373 billion.