Home / Crypto News / Clearly ETH storage volume of Bitfinex cold wallet was halved

Clearly ETH storage volume of Bitfinex cold wallet was halved


kaz 【CRYPTO TIMES Official Writer】

kaz Coin Desk News

A university student who graduated from high school in Switzerland and attends an American university. We entered the cryptocurrency last June and started investing in the fun and attractiveness.

A survey of Twitter users revealed that the cryptocurrency exchange Bitfinex (Bitfinex) had halved the volume of Etherium stored in its cold wallet .

800k ETH or $ 150M has left. There’s only 1.1M ETH left or ~ 180M USD left at current ETH prices (which will not be this high for very much longer). https://t.co/PFnREzo7v6 pic.twitter.com/7pHTAAJR1z is a good old fashioned bank run folks.

— Andrew Rennhack (@ andr3w321) May 1, 2019

According to cryptocurrency investor Andrew Rennhack, 800 million ETHs worth $ 150 million (approximately 16.6 billion yen) have been drawn from the cold wallet of the exchange, the rest being 1.1 million ETHs, with a market capitalization of 1 It is $ 80 million (about 20 billion yen).

Bitfinex has been withdrawing assets from around April 25. At first, 2139,506 ETH was stored in the wallet, but it has now dropped to about half of the original.

In addition to Etheriam, it has been confirmed that $ 67 million (approximately 7.4 billion yen) worth of bitcoins have been withdrawn from the wallet of the exchange.

The April 25th, when Bitfinex started to withdraw Eisaliam, coincides with the day when the Attorney General of the New York authorities announced the start of the investigation, and doubts about the exchange seem to remain.

Article Source: Twitter

Get information on CRYPTO TIMES LINE @!

Related articles From the same writer

Popular articles of the same category

Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/bitfinex-eth-withdrawal/

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for entertainment and informational purposes only. We are not an investment advisor and do not provide financial advice.

Please check the articles which have not been reviewed and verified all articles posted on CoinNewsDesk.com. Please independently research and verify any information found here before relying on facts. It is also important to do proper due diligence and analysis, including involving disciplines No content on Coin News Desk makes up a recommendation to enter in any type of investment or any investment in any investment strategy presented on this website. before making any decision regarding investments or your personal finances.

About Coin News Desk Team