This update follows the significant drop in cryptocurrency values over the weekend.

The stabilization of funding rates in crypto markets after the downturn indicated that the market correction was positive and that volatility could decrease over time.

As the Bitcoin halving approaches, the amount of Bitcoin leaving centralized exchanges has reached levels not seen in over a year.

In contrast, the number of Bitcoin that have stayed inactive for more than a year has dropped significantly.

According to the Bitfinex Alpha report, these on-chain movements coincide with Bitcoin’s recovery from a sharp decline that led to a large number of liquidations over the weekend.