Yep, I am sure that is a big part of it. Also with the upcoming FinCEN rule changes, it may be people getting their crypto off exchanges while they still can without having to report where it's going.
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Yep, I am sure that is a big part of it. Also with the upcoming FinCEN rule changes, it may be people getting their crypto off exchanges while they still can without having to report where it's going.
Like I said before, moving too many coins to own wallet drops the value of the coin, so most smarter people won't do it unless they have enough to be able to stake when the PoS switch happens. It makes more sense to buy ERC20 tokens instead...