Record ETH outflows and WALLET closure
There are “strange” news happened in these last days and very similar to each other concerning the same topic: voluminous exits of crypto eth from Exchanges, Wallet closure, ShutDown of promising startUp and much more about similar topics.
❌On March 30, 2022 , a record 313,059 ETHs (over $1 billion) were withdrawn from centralized exchanges.
Data on the Ethereum blockchain shows that over 1.2 million ETH have exited exchanges in the last two weeks.
❌The historic service (https://wallet.btc.com/#/announcement) will cease to act as a portfolio as of April 1.
Considering that some user assets have not been safely transferred, the BTC.com wallet service originally scheduled to stop on April 1, 2022 will be postponed to officially stop service at 00:00 (UTC+0) on April 15, 2022. Please complete the withdrawal ASAP. Other businesses of BTC.com will not be affected and will continue to provide services as usual. We do apologize for the inconvenience.
After the service is shut down, the address provided by the BTC.com wallet will not be able to be used normally. If you use the BTC.com wallet address on other platforms, please stop using it ASAP and export your BTC.com wallet balance to other available wallets in time.
Meanwhile everyone with “nose in the air”, waiting for the date of April 14 when Global X Bitcoin-ETF of Bitcoin Trust should be declared by the SEC.
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Independent researcher and consultant, Tech Writer at Blockchain Technology. From Italy