Insights

Third biggest Bitcoin withdrawal year to date – $130M

exchange687 days ago

0 0 1 minute read

Quick Take

The third biggest withdrawal from exchanges occurred on Feb. 13 — roughly $130 million.
Roughly $100 million of those withdrawals came from transfers bigger than $1 million.
This equates to roughly over 6,000 Bitcoin.

Net Transfer Volume from/to exchanges: (Source: Glassnode)

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.

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.