Probably for the obvious reasons, Binance is a top exchanges and maybe investors and traders are going to deposit to play with the market at the end of the year. We've seen the price fluctuates from as high as $52k during Christmas but then again goes down to $46k.
Anyhow, I don't see any significant of this statistics, unless we really see a huge spike in the last. But there is none, maybe they just deposit trying to short and then get out in the first week of January.
Topic: Bitcoin closing balance on exchanges - page 2. (Read 296 times)
Yeah any large, unusual, late 2021 bitcoin deposits to bitcoin exchanges was likely because exchanges in China were giving mainland China account holders until 31st December to stop trading bitcoin. This likely let to large inflows to exchanges & then selling before the exchanges aren’t allowed to provide services to mainland Chinese people any more. Hopefully the price picks up soon, now that the selling pressure will lower.
This could be the reason for that huge transactions, most probably this can be a good scenario since the selling pressure will be lowered and some Chinese investors can still trade somewhere else with a help of this exchanges. I’m still wondering why China keeps on changing the regulations about cryptocurrency, this could be bad for the people of China where they want freedom from fiat currency that are being controlled by their government. 
binance will still be number 1. most people use binance, i particularly use binance and the reason is because of the good service they provide at the time of my writing, it is possible that maybe in the future the situation will reverse but soon i I doubt any changes in this part
as I said I don't see this situation changing anytime soon
Bitcoin closed the year 2021 with a large market merging and most exchanges have large starch Bitcoin deposits, on binance and another top cryptocurrency exchange am very optimistic that this year 2022 will see some increase in demands on the exchange trading volume is going to increase in the coming days.
as I said I don't see this situation changing anytime soon
Bitcoin closed the year 2021 with a large market merging and most exchanges have large starch Bitcoin deposits, on binance and another top cryptocurrency exchange am very optimistic that this year 2022 will see some increase in demands on the exchange trading volume is going to increase in the coming days.
Yeah any large, unusual, late 2021 bitcoin deposits to bitcoin exchanges was likely because exchanges in China were giving mainland China account holders until 31st December to stop trading bitcoin. This likely let to large inflows to exchanges & then selling before the exchanges aren’t allowed to provide services to mainland Chinese people any more. Hopefully the price picks up soon, now that the selling pressure will lower.
Probably most of bitcoin from other platform was transferred to binance? See the green percentage of it. 
no just kidding. But what if? because as the matter of fact in year 2021 there's a lot of bad things happen wherein coinbase received a lot of negative feedback after being hacked. And about houbi as well that halting their service from other countries because of China.. Perhaps these a clues why most bitcoin in other platform is decreasing while binance seems still not affected, Just saying.
no just kidding. But what if? because as the matter of fact in year 2021 there's a lot of bad things happen wherein coinbase received a lot of negative feedback after being hacked. And about houbi as well that halting their service from other countries because of China.. Perhaps these a clues why most bitcoin in other platform is decreasing while binance seems still not affected, Just saying.
The year 2021 was a big year in the Bitcoin market and most exchanges witnessed large inflows of bitcoin deposits which have left a large deposited amount of Bitcoin to push the price of Bitcoin to the next all-time high in the early days of this year 2022. Statistics have shown that binance alone witnessed 60,000 bitcoin deposits toward the last week of 2021 and other exchanges also witness similar big deposits, I will try to upload a picture chart that contains the closing balance on most exchanges to give us a pointer to what we are talking about on this thread.
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