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/biz/ - Business & Finance

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>> No.25690873 [View]
File: 51 KB, 362x498, 1610027339843.jpg [View same] [iqdb] [saucenao] [google]
25690873

>>25690778
First graphic

>> No.25643850 [View]
File: 51 KB, 362x498, bitfinex_btc.jpg [View same] [iqdb] [saucenao] [google]
25643850

Let's first start with their bitcoin holdings. Due to the recent state of this bullrun, a lot of bitcoin was being bought and transferred off of exchanges, which is only normal since many institutions and whales will decide to hold their own bitcoin. Bitfinex is the top bitcoin exchange and probably would have my institutions and investors purchase and transfer out bitcoins OTC right? Wrong.

Exhibit 1 : In the last 30 days, Bitfinex's bitcoin holdings were the only one to keep increasing, today sitting at an increase of 14k bitcoin (nearly 500m$ at current prices)

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