Fast pickup
- The FTX crash demonstrates the need for self-custody of your crypto, a trend that CryptoSlate has been observing for quite some time.
- However, a shift occurred in February where coins returned to the market, which saw a build-up of open interest and a relatively flat price structure for Bitcoin in February.
- This resulted in an approximately 10% correction of coins returning to exchanges, the highest level since May-July 2022, during the collapse of the Moon.
- This change is something I mentioned about this weekas coins flowed back into the exchanges which coincided with falling prices.
The message Regime change as Bitcoin returns to self-custody first appeared on CryptoSlate.
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