Bitcoin
Bitcoin (BTC)
$101,700.00 -0.19625
Bitcoin price
Ethereum
Ethereum (ETH)
$3,842.69 -2.19772
Ethereum price
BNB
BNB (BNB)
$704.86 -3.31208
BNB price
Solana
Solana (SOL)
$216.81 -4.21953
Solana price
XRP
XRP (XRP)
$2.40 -3.51098
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000027 -4.96486
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000227 -6.29067
Pepe price
Bonk
Bonk (BONK)
$0.0000351 -8.69427
Bonk price
dogwifhat
dogwifhat (WIF)
$2.72 -6.93629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.06 -9.77536
Popcat price
Bitcoin
Bitcoin (BTC)
$101,700.00 -0.19625
Bitcoin price
Ethereum
Ethereum (ETH)
$3,842.69 -2.19772
Ethereum price
BNB
BNB (BNB)
$704.86 -3.31208
BNB price
Solana
Solana (SOL)
$216.81 -4.21953
Solana price
XRP
XRP (XRP)
$2.40 -3.51098
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000027 -4.96486
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000227 -6.29067
Pepe price
Bonk
Bonk (BONK)
$0.0000351 -8.69427
Bonk price
dogwifhat
dogwifhat (WIF)
$2.72 -6.93629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.06 -9.77536
Popcat price
Bitcoin
Bitcoin (BTC)
$101,700.00 -0.19625
Bitcoin price
Ethereum
Ethereum (ETH)
$3,842.69 -2.19772
Ethereum price
BNB
BNB (BNB)
$704.86 -3.31208
BNB price
Solana
Solana (SOL)
$216.81 -4.21953
Solana price
XRP
XRP (XRP)
$2.40 -3.51098
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000027 -4.96486
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000227 -6.29067
Pepe price
Bonk
Bonk (BONK)
$0.0000351 -8.69427
Bonk price
dogwifhat
dogwifhat (WIF)
$2.72 -6.93629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.06 -9.77536
Popcat price
Bitcoin
Bitcoin (BTC)
$101,700.00 -0.19625
Bitcoin price
Ethereum
Ethereum (ETH)
$3,842.69 -2.19772
Ethereum price
BNB
BNB (BNB)
$704.86 -3.31208
BNB price
Solana
Solana (SOL)
$216.81 -4.21953
Solana price
XRP
XRP (XRP)
$2.40 -3.51098
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000027 -4.96486
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000227 -6.29067
Pepe price
Bonk
Bonk (BONK)
$0.0000351 -8.69427
Bonk price
dogwifhat
dogwifhat (WIF)
$2.72 -6.93629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.06 -9.77536
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.