Two Crypto Exchanges Paid High Ethererum Fees to Ensure Quick Withdrawals
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Data provided exclusively to Cointelegraph by blockchain and crypto analytics firm Flipside Crypto shows that Binance and OKEx paid large fees for Ether (ETH) withdrawals when the Bitcoin price crashed to $3,600 on March 13, a day dubbed as “Black Thursday” among investors in the cryptocurrency market. At the time, the Bitcoin (BTC) price dropped by around 50 percent in a single day, causing the price of Ether to plunge to as low as $85 across major exchanges. See more for yourself here (https://cointelegraph.com/news/two-crypto-exchanges-paid-high-ethererum-fees-to-ensure-quick-withdrawals).
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