Quick Take
Roughly 10,000 BTC 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to roughly $800 million of stablecoins leaving exchanges Almost half of this amount ($300 million) is BUSD being withdrawn from exchanges.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
Inflow Total: (Source: Glassnode)
Stablecoin balance on exchange: (Source: Glassnode)
BUSD balance on exchange: (Source: Glassnode)
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