The amount of ETH on exchanges has dropped to only 8.7%, the lowest level since 2015. This indicates that ETH is being withdrawn from exchanges vigorously, creating a risk of supply scarcity.
From July until now, the amount of ETH on exchanges has decreased by 43%, coinciding with the time when large institutions began to buy in.
Quick comparison: ETH on exchanges: 8.7% BTC on exchanges: 14.7%
The amount of ETH flowing into "non-selling" places such as: - Staking and restaking - Layer-2 - Institutions buying for storage (DAT) - Cold wallets - Collateral assets in DeFi #eth
I don't understand why I keep seeing that line, 200 million dollars being liquidated in 1 hour... where does all that money come from, how can the market go up again if it's long short, downtrend!
I just got HACKED and lost nearly 15 million (500$) in my Binance account. Although the amount is not large, I think I should share it so that others don't have to suffer like this.
The reason I suspect is a wrong click on a fake advertisement on Facebook. That day I was sitting at the PC and hadn't logged into Binance for a while, so I wanted to check the market. After some time, on the 28/11, the account was hacked and the thief transferred 10 orders 50$ to some personal wallet. I had enabled 2FA security, though. But due to being complacent and not checking the URL and other things, the money still vanished because of my ignorance.
So I want to warn everyone to protect not only their crypto accounts but also their bank accounts: - Never log in through advertisement links. It's best not to click on any ads related to that for safety. - Only use the official app or type directly on the official website. - Don't think that enabling security is absolutely safe; thieves have a billion different ways to steal your money. Even if you think you're smart and tech-savvy, being complacent just once can lead to disaster.
The loss here is immediate; 15 scams gone. It took a whole month of hard work to earn back.
Looking at the candle for the month #BTC is really scary, guys! There are 10 days left until the month candle closes! Do you think we should take profits or go all in like this?
๐ด Bitcoin last night broke down to the mark of 86,000 ๐ด Dow Jones opened up 700 points, by the end of the session reversed to decrease by 1000 POINTS, the US stock market soared more than $1,000,000,000,000 (~ 26,379,500,000,000,000 VND) in value #BTC