BaroVirtual
BTC flight from crypto exchange Gate.io
- With what has recently happened with FTX and Crypto.com, influencers in the crypto industry have started calling for a complete withdrawal of funds from exchanges such as Gate.io and Cex.io. - In this case, we are talking about a bank run from the crypto exchange Gate.io. The flight of bitcoins from Gate.io is comparable to the previous three withdrawal cycles that provoked panic and subsequent deep bearish corrections: 1) October-November 2018, 2) April-June 2019, and 3) February 2020.