Whale outflow from Huobi sees Bitcoin over $31K

Bitcoin jumps to over $31,200, up almost 3% on the day

James Van Straten
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James Van Straten
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Quick Take

  • Bitcoin jumps to over $31,200, up almost 3% on the day
  • A whale outflow from Huobi saw almost 7,500 Bitcoin leave the exchange.
  • Huobi now has less than 20,000 Bitcoin on the exchange; this comes after a report by Willy Woo of Huobi collateral continuing to be drained.
Netflow: (Source: Glassnode)
Netflow: (Source: Glassnode)
Balance on exchange: (Source: Glassnode)
Balance on exchange: (Source: Glassnode)
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James Van Straten
James Van Straten
Former Lead Analyst 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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Bitcoin BTC (24h)
$79,513.73 -1.46%
Market Cap $1.59T
24H Volume $33.89B