Bitcoin
Bitcoin (BTC)
$116,313.00 0.6964
Bitcoin price
Ethereum
Ethereum (ETH)
$4,510.26 0.09579
Ethereum price
BNB
BNB (BNB)
$953.70 2.58614
BNB price
Solana
Solana (SOL)
$235.49 0.0395
Solana price
XRP
XRP (XRP)
$3.03 -0.53318
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000131 -0.15193
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 0.71942
Pepe price
Bonk
Bonk (BONK)
$0.0000238 0.95541
Bonk price
dogwifhat
dogwifhat (WIF)
$0.918148 1.79507
dogwifhat price
Popcat
Popcat (POPCAT)
$0.269376 -0.03672
Popcat price
Bitcoin
Bitcoin (BTC)
$116,313.00 0.6964
Bitcoin price
Ethereum
Ethereum (ETH)
$4,510.26 0.09579
Ethereum price
BNB
BNB (BNB)
$953.70 2.58614
BNB price
Solana
Solana (SOL)
$235.49 0.0395
Solana price
XRP
XRP (XRP)
$3.03 -0.53318
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000131 -0.15193
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 0.71942
Pepe price
Bonk
Bonk (BONK)
$0.0000238 0.95541
Bonk price
dogwifhat
dogwifhat (WIF)
$0.918148 1.79507
dogwifhat price
Popcat
Popcat (POPCAT)
$0.269376 -0.03672
Popcat price
Bitcoin
Bitcoin (BTC)
$116,313.00 0.6964
Bitcoin price
Ethereum
Ethereum (ETH)
$4,510.26 0.09579
Ethereum price
BNB
BNB (BNB)
$953.70 2.58614
BNB price
Solana
Solana (SOL)
$235.49 0.0395
Solana price
XRP
XRP (XRP)
$3.03 -0.53318
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000131 -0.15193
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 0.71942
Pepe price
Bonk
Bonk (BONK)
$0.0000238 0.95541
Bonk price
dogwifhat
dogwifhat (WIF)
$0.918148 1.79507
dogwifhat price
Popcat
Popcat (POPCAT)
$0.269376 -0.03672
Popcat price
Bitcoin
Bitcoin (BTC)
$116,313.00 0.6964
Bitcoin price
Ethereum
Ethereum (ETH)
$4,510.26 0.09579
Ethereum price
BNB
BNB (BNB)
$953.70 2.58614
BNB price
Solana
Solana (SOL)
$235.49 0.0395
Solana price
XRP
XRP (XRP)
$3.03 -0.53318
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000131 -0.15193
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 0.71942
Pepe price
Bonk
Bonk (BONK)
$0.0000238 0.95541
Bonk price
dogwifhat
dogwifhat (WIF)
$0.918148 1.79507
dogwifhat price
Popcat
Popcat (POPCAT)
$0.269376 -0.03672
Popcat price

Ethereum and Tether flow to exchanges while bitcoiners opt for self custody

News
Ethereum and Tether flow to exchanges while bitcoiners opt for self custody

Ethereum (ETH) and Tether (USDT) keep getting deposited onto centralized exchanges, while Bitcoin (BTC) holders seem to be taking matters into their own hands following the fall of FTX.

Data provided by on-chain analytics service Glassnode shows that $66.6 million worth of Bitcoin left crypto exchanges while Ethereum and Tether saw an inflow of $85.4 million and $6.9 million on Dec. 2, respectively.

Bitcoin outflow data from the same source also shows that average outflows sharply increased following the fall of FTX, which decimated the community’s trust in centralized crypto service providers.

Ethereum and Tether flow to exchanges while bitcoiners opt for self custody - 1

The findings follow reports that the yields offered on decentralized finance (DeFi) solutions have fallen alongside the total value locked (TVL) in such systems.

Despite presumably enjoying the benefits of a fall in public trust towards centralized crypto service providers, the total value locked in Ether on Ethereum-based DeFi protocols dropped by 17.23% from a Nov. 10 local high.