May 19th, 2021, will remain in history as one of the steepest corrections in the cryptocurrency market. Bitcoin fell hard by $10,000 in minutes before it bounced off shortly after. While thousands of traders felt the adverse consequences of the enhanced volatility, larger investors used the opportunity to buy the dip as $750 million in BTC was transferred out of exchanges in minutes.
The Records After The Dust Settled
The ever-volatile nature of the cryptocurrency industry struck hard yesterday. The primary cryptocurrency fell badly from above $40,000 to its lowest price tag since January at $30,000. It was a sudden price dump that affected the altcoins even worse – 30% to 50% declines were evident from Ethereum, Binance Coin, Cardano, Ripple, and more.
Apart from causing massive pain for leveraged traders with over $8 billion worth of liquidations in 24 hours, the overall spot trading volume skyrocketed. Data from the analytics company Skew demonstrated that the spot volume for the

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Źródło: https://cryptopotato.com/750-million-in-bitcoin-withdrawn-from-exchanges-after-the-bloodbath-to-30000/