CryptoQuant reports that large bitcoin traders ramped up deposits to exchanges as prices dropped to recent lows. On November 21, 9,000 BTC were sent to exchanges, with large deposits of 100 BTC or more making up 45% of that volume. This trend indicates that investors are selling bitcoin, contributing to further price declines.

This Twitter thread highlights the growing dominance of Solana's decentralized exchanges (DEXs), which are currently surpassing the trading volume of Kraken and Coinbase combined. The thread emphasizes Solana's superior user experience and the challenges centralized exchanges face in keeping up.