A net flow of 200,000 bitcoins leaves exchanges following FTX collapse, as trust broken

Key Takeaways Exchanges balances are lower by nearly 200,000 bitcoins compared to pre-FTX, as customers have lost all trust in exchanges This trumps the Celsius insolvency of June, where 128,000 bitcoins were pulled from exchanges in the month following Celsius’ demise Terra collapsed in May, but seeing as it was a DeFi protocol, trust in […]