Cipher Exchange
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The 24-hour net outflow of Coin An was about 831 million US dollars, the largest single day net outflow since November last year
On February 14, Nansen data showed that the net outflow of Cipher Exchange’s currency security was about 831 million US dollars in the past 24 hours, which was the largest single day net outflow since November 2022. Investors seem to have been hit by the regulatory authorities on the BUSD stable currency issued by Paxos, so they are reducing their holdings on the platform. Interpretation of this information: The message indicates that Cipher Exchange, a cryptocurrency exchange, experienced a significant net outflow of approximately 831 million US dollars in currency…
