Market Volatility

    Highlighting the unique events on May 19th that featured a very volatile day on the crypto market.

    May 19th also saw a spike in whale activity (number of transactions with a value of $100k+)

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    May 19th had a massive spike in average transaction fee.

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    There was a primarily a massive inflow of tokens into CEXes and DEXes. Stablecoins (marked in green), however, saw primarily an outflow from CEXes and DEXes.

    Bars > 1 = More withdrawals

    Bars < 1 = More Deposits

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    May 19th saw the largest net inflow into CEXes and DEXes

    ELON and SHIB were the hardest hit on May 19th, both dropping over 40%

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    May 19 + 20th were the 2 highest transaction days of the month

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