Insights

Third biggest Bitcoin withdrawal year to date – $130M

exchange68September 13, 2024

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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.

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