Quick Take
- Roughly 10,000 BTCÂ was sent to exchange addresses on Jan. 30
- The fifth biggest inflow in the past three months, equivalent to around $230 million
- In addition to roughly $800 million of stablecoins leaving exchanges
- Almost half of this amount ($300 million) is BUSD being withdrawn from exchanges.
- Stablecoin balance on exchanges is now sitting at $35.6 billion
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