Bitcoin (BTC) exchanges have seen huge volumes this month as price declines lead to renewed interest in trading.
Data from sources including on-chain analytics firm Glassnode shows exchange inflows hitting their highest since March 2020.
“The scent of volatility is in the air”
On Sept. 14, over 236,000 BTC made its way to the 1 major exchanges tracked by Glassnode.
This was the largest single-day spike since the chaos that surrounded Bitcoin’s dip to just $3,600 in March 2020.