1 day ago
ALCX Price Slides as Binance Delisting Sparks Liquidity Shift and Surge in Withdrawals
TL;DR ALCX price fell around 30% after Binance announced it would delist the token on July 10. Binance withdrawal transactions surged 1,289%, reaching 614 withdrawals on July 1 as users moved funds. Exchange inflows and outflows spiked, signaling a large-scale migration of liquidity away from Binance. Despite higher network activity, negative netflows suggest the surge [...]
The post ALCX Price Slides as Binance Delisting Sparks Liquidity Shift and Surge in Withdrawals appeared first on Blockonomi.
Source: Blockonomi →Related News
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