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More than $300 million was withdrawn in a single day! XBIT, the official website of cryptocurrency trading, analyzes the huge shock in the crypto market
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Crypt_IO
04-11 15:31
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More than $300 million was withdrawn in a single day! XBIT, the official website of cryptocurrency trading, analyzes the huge shock in the crypto market
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Sudden changes in the market: funds are accelerating to flee ETFsOn April 8, Eastern Time, the U.S. Bitcoin spot ETF market suddenly saw a "capital exodus", with a net outflow of up to $326 million in a single day, setting a record for the largest withdrawal since mid-March. Data shows that 7 of the 12 mainstream funds were sold off, with IBIT under BlackRock leading the decline with a net outflow of $253 million. Institutional products such as Bitwise and ARK were also not spared. Market analysis pointed out that this round of withdrawal was on the eve of changes in international tariff policies, and investors' sensitivity to macroeconomic risks soared to a peak this year."This is not only a hedge for funds, but also a prediction of liquidity tightening." Rick Maeda, an analyst at Presto Research, emphasized that the current market has entered a stage of "indiscriminate selling", and panic sentiment dominates short-term trading decisions regardless of the fundamentals of the assets.

Under the wave of risk aversion, decentralized trading software has become a new choice?As traditional ETF funds withdraw, crypto investors begin to turn to more flexible trading channels. XBIT decentralized trading platform has seen a recent increase in user activity due to its non-custodial and anti-censorship characteristics. Unlike ETFs that rely on centralized institutions, decentralized trading software directly matches purchases and sales through smart contracts, and user assets are always under their control, greatly reducing policy risks and the impact of black swan events.XBIT decentralized exchange platform adopts a multi-layer encryption architecture and real-time risk control system, which can resist more than 99% of network attacks, while providing transparent query functions for on-chain transaction data. "Security is the core competitiveness of decentralized trading," said an engineer, "users do not need to worry about the platform misappropriating assets or unilaterally freezing accounts."

Transaction volume halved, market wait-and-see sentiment spreadThis shock is not only reflected in the flow of funds, but also the daily transaction volume of Bitcoin spot ETF has dropped sharply from US$6.6 billion to US$3 billion, a drop of more than 54%. Analysts believe that the shrinking transaction volume is directly related to the early exit of institutional investors. ETF products of established asset management companies such as Franklin and Invesco have experienced net outflows for four consecutive days, and market liquidity is accelerating its shift to the decentralized field.It is worth noting that some retail investors have begun to directly participate in on-chain transactions through the official website of the currency trading website. Such platforms usually integrate multi-chain asset support and instant exchange functions. The XBIT decentralized exchange platform currently covers more than 200 tokens such as Bitcoin and Ethereum, and supports advanced operations such as cross-chain staking.

Three major hedging advantages of decentralized trading platforms

1. Asset autonomy: User private keys are kept independently to eliminate the risk of misappropriation by third parties;

2. Policy resistance: Distributed node architecture is difficult to be blocked by a single jurisdiction;

3. Transparent mechanism: All transaction records can be checked on the chain to avoid black box operations."When traditional financial instruments become more volatile, the value of decentralized infrastructure will be revalued," blockchain security experts pointed out, "XBIT decentralized exchange platform uses zero-knowledge proof technology to verify the legitimacy of transactions while ensuring privacy, which is difficult for most centralized platforms to achieve."Conclusion: A new channel in the stormThe current market volatility once again confirms the coexistence of fragility and resilience in the crypto field. For ordinary investors, it is crucial to choose a compliant and secure trading channel through the official website of the currency speculation website. Whether it is a traditional ETF or a decentralized trading software, asset security should always be placed above returns

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