ETP, EOS, Binance Coin (BNB) Lead Cryptos with Largest Inflows as BTC, ETH, LTC Records Top Outflows - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
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Today's Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News

Today's Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News

ETP, EOS, Binance Coin (BNB) Lead Cryptos with Largest Inflows as BTC, ETH, LTC Records Top Outflows

Now That Bitcoin Has Broken Through, Here Are the Other Altcoins to Follow

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ETP, EOS, Binance Coin (BNB) Lead Cryptos with Largest Inflows as BTC, ETH, LTC Records Top Outflows

  • Metaverse (ETP), EOS and Binance Coin (BNB) register highest Inflow
  • BTC, ETH and LTC featured as cryptos with largest outflows
  • 2.8% of Bitcoin’s circulating supply moved

A new market day has evolved after a number of cryptos closed the previous day’s trading session on the upside trend of the market. Today, the market table is also dominated by green colors of cryptocurrencies trading high on the rising wedge of the market.

Cryptocurrencies are assets used for settling transactions and they record varying daily inflows and outflows depending on the usage of the specific crypto asset.

Data from Coinness reveals ETP, EOS and Binance Coin (BNB) as the three crypto assets with the highest inflows in the market, starting from 00:00 to 10:00 (UTC) today. Metaverse (ETP) which had the highest recorded of over $92 million net inflows in the market within 10 hours today.

EOS was rated the second highest with $29+ million net inflows within the above stated duration. Binance Coin (BNB) registered $17+ million to become the cryptocurrency with the third highest net inflows.

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BTC, ETH, LTC Record Top Outflow

Despite the fact that BTC, ETH, and LTC are leading cryptos in the market, report claims they were the crypto assets with the highest outflow in the market. Litecoin (LTC), is amongst the top market gainers in the year 2019 and it really traded high yesterday, surpassing the $130 resistance level, yet it is among the cryptos with the largest outflow.

Within a space of 10 hours today, Bitcoin registered net cap outflows of over $54 million, while Ethereum and Litecoin recorded $24+ million and $10+ million net cap outflows.

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2.8% Of Bitcoin’s Circulating Supply Transferred to Known Binance Wallet

Yesterday, a report revealed that huge amount of BTC were transferred in block 580237. These transfers were totaled to be $3.25 billion worth of BTC, which is equivalent to 2.8% of the total circulating supply of the crypto king. These transfers were made into a known Binance wallet, and subsequently, the price of Bitcoin spiked, reaching the $8,000 level and it is yet to drop below the level.

I am a lifetime Entrepreneur, Contributor @Thrive Global, @Oracle Times, @Coin Gape. Khalid Lawal is a lover of Blockchain technology and a junior analyst. • Hopes to be a venture capitalist one day. 

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