The report indicated that Bitcoin saw $661.2 million flowing into exchanges within 24 hours, but a higher amount of $797.8 million was withdrawn, resulting in a net outflow of negative $136.5 million.
a recent on-chain exchange flow report, data from Glassnode shows that Bitcoin (BTC) and Ethereum (ETH) witnessed significant net outflows from crypto exchanges.
#TheSandbox gains ~30% following the inking of a Memorandum of Understanding with Saudi Arabia’s DCG This has led to a surge in speculation, with #SAND now on the top 10 purchased #tokens among the 1k biggest #ETH whales$SAND is currently trading at $0.9006 pic.
Another analyst tweeted that the collaboration between Saudi Arabia and #SAND has sparked a frenzy in the crypto world, causing #SAND to shoot up the ranks and become one of the top 10 tokens snapped up by the largest 1k #ETH holders.
At press time, XRP was one of the many cryptocurrencies trading in the green for the day. Data from CoinMarketCap showed that the altcoin was worth about $0.4741 after a 2.56% price increase over the past day.
The analyst referred to some data collected by the market intelligence firm, Santiment, in his post and pointed out that whales have purchased more than 52 million XRP over the past three weeks alone.