Bitcoin Holders Urged to Enhance Security Amid Market Volatility
Bitcoin holders are being encouraged to reduce screen time and consider offline custody options such as hardware wallets and cold storage. According to NS3.AI, this advice comes amid significant market volatility, which has led to nearly $874 million in liquidations. Additionally, ETF flows have shown outflows from Bitcoin and inflows into Ethereum. The increase in crypto thefts and violent attacks on holders is prompting investors to enhance their security measures. As a result, custody is becoming a crucial operational decision for many in the crypto space.
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