The 2022 crypto financial institution run, attributable to the collapse of a number of ecosystem giants, has had lasting results on the crypto trade. A brand new analysis report from the Federal Reserve Financial institution of Chicago (FRBC) has recognized a number of key elements and catalysts that fueled final yr’s cryptocurrency disaster.
of report We’ve recognized withdrawals by giant account holders on centralized exchanges, together with crypto whales and a few main institutional accounts, inflicting liquidity crises that finally led to runs.
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