$RUNE Movement from Crypto.com
Q104. Show the in + outflow from cryto.com to native wallets over time. Are there any trends? 2022/6/21
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To answer this question, I checked the output and input values of the RUNE token at the following address:
(crypto.com = thor1ty6h2ll07fqfzumphp6kq3hm4ps28xlm2l6kd6)
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📝✏️ According to the chart above, which shows the RUNE output values from crypto.com:: From July 8, 2021 to November 28, 2021, this trend chart has been almost the same،The chart also shows that the amount of RUNE output from the exchange ranged from 7000 to 30000 RUNE from July 8 to November 28. From November 28 to November 30, you will see a sharp increase in the amount of output from the exchange. On November 30, the output reached 400,000. But from November 30 to December 6, 2021, we have had a very sharp decline and the output has returned to 30,000.
📝✏️ The image above shows the price of Bitcoin between November 30, 2021 and December 6, 2021. During this period, we saw a sharp increase and a sharp decrease in RUNE output and input to Crypto.com. As you can see, on December 4, 2021, Bitcoin had a downtrend and dropped by $ 10,000.
📝✏️ Also, the image above is the price trend of the RUNE token, which, as you can see, had a decreasing trend in the period from November 30, 2021 to December 6, 2021, and was affected by the market collapse.
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The World Health Organization on Friday(03 Dec 2021) said the Covid omicron variant has been detected in 38 countries, up from 23 two days ago, with early data suggesting the strain is more contagious than delta.
As a result, this news could be one of the reasons for the decrease in rune output from Crypto.com
🔰 The plunge follows a volatile week for financial markets. Global equities and benchmark U.S. bond yields tumbled on Friday after data showed U.S. job growth slowed in November and the Omicron variant of the coronavirus kept investors on edge. read more
📝✏️In the diagrams above, you can see the input values of the RUNE token to the Crypto.com exchange
This chart shows that the highest amount of input was on July 20, 2021
Also, on August 23, October 22 and November 26, the number of entries to Crypto.com has increased.
In Balama chart, we have four nails upwards, which after each increase the next day, we see a decrease in the chart and return to the original level.
On July 20, the price of the RUNE token reached its lowest level in two weeks. And from the next day, it had an upward trend. And as you can see, on July 20, we had the most input, and the next day it dropped sharply.
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