Bitcoin (BTC) transactions on exchanges have approached the peak of the previous bull market.
Reported by on-chain analysis platform Glassnode to data According to the data, the total volume of Bitcoins entering and exiting the stock exchanges has reached record levels.
This data 2021 Bitcoin price in 38-40 thousand dollars while in between to $6.2 billion reached the historical peak. The volume of Bitcoin currently entering and exiting the exchanges is $5.57 billion wandering around the level. Current volume, Bitcoin price Reached 69 thousand dollars November 2021 It is positioned above the level.
Making a statement on the subject glassnode analysts made the following statements:
The total volume of Bitcoin deposits and withdrawals to exchanges continued to expand, reaching a staggering $5.57 billion in daily volume in and out of exchanges, rivaling the activity seen in the November 2022 ATH market.
