The collapse of FTX has infected the different market entities regarding digital assets, however, Blockchain analytics platform Nansen showed data that positions Bitfinex as the ERC20 deposit leader on centralized cryptocurrency exchanges.
With $318 million in digital assets, Bitfinex topped Netflow’s total of ERC20 tokens, according to what was reported by Nansen. Also, recently, Bitfinex showed its proof of reserve with the point of defending its transparency within the industry.
The Nansen data reveals that probably after the bankruptcy of FTX, the confidence of the users regarding the central exchanges is not totally lost.
On the social network Twitter, Nansen made a publication in which he revealed three important points that are happening within the industry:
1- Binance is leading global deposits for 24 hours with approximately $1.4 billion worth of Ethereum (ETH) and other tradable tokens on the ETH blockchain network.
two- Coinbase, Kucoin and OKX have had more withdrawals than deposits.
3- Some ranking exchange deposits incorporated the custody service of Crypto.com and Coinbase “despite doubts surrounding platform reserves and asset testing” stated Nansen.
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