Insights

26,000 Bitcoin withdrawn from exchanges – biggest withdraw this year

exchange68September 13, 2024

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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.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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