Bitcoin exodus from Binance: 20K BTC withdrawn in just seven days

exchange681 week ago

0 0 2 minutes read

Binance halted withdrawals recently, and they’re now eyeing the Bitcoin lightning network as a solution. Amidst the chaos, Glassnode data unveils a surprising trend: 20,000 Bitcoin left Binance within just seven days. This ranks as the fourth biggest withdrawal period in the past two years, with only three other events outshining it. What crucial detail links this exodus to the FTX collapse and China’s mining ban in 2021? Find out when you…

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