Good morning. Herers whatrs happening:

Prices: Bitcoin swung below $22K after crypto exchange Kraken agreed to sunset its crypto staking operations; altcoins fell, although liquid staking tokens were an exception.

Insights: Whales are sending bitcoin back to exchanges, while retail investors are removing the asset. What could the trend mean?

Prices

CoinDesk Market Index (CMI) 1,036 m39.8 _ 3.7% Bitcoin (BTC) $21,827 m1143.2 _ 5.0% Ethereum (ETH) $1,546 m108.9 _ 6.6% SaP 500 4,081.50 m36.4 _ 0.9% Gold $1,860 m17.6 _ 0.9% Nikkei 225 27,584.35 m22.1 _ 0.1% BTC/ETH prices per CoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)