Insights

26,000 Bitcoin withdrawn from exchanges – biggest withdraw this year

Quick Take

  • 26,000 Bitcoin was taking off Coinbase yesterday.
  • Roughly $800 million worth of Bitcoin off exchanges.
  • This is the biggest withdrawal off exchanges this year and the biggest since December 2022
  • This withdrawal was driven by large whale from Coinbase.
Exchange Balance: (Source: Glassnode)
Exchange Balance: (Source: Glassnode)
Exchange Balance: (Source: Glassnode)
Exchange Balance: (Source: Glassnode)

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