20k BTC re-enters exchanges following largest Bitcoin long liquidation event this year
Exchanges witness surge in Bitcoin deposits: 20,000 BTC put back amid sell pressure and long liquidation events.
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Quick Take
- In the past two weeks, exchanges have seen roughly 20,000 Bitcoin (BTC) put back onto exchanges.
- Bitcoin hit a local top of $30,000, and has descended below $28,000, which has seen a lot of sell pressure on top of the biggest long liquidation event of this year.
- Currently, 2,313,385 million BTC sits on exchanges. However, this is up considerably in the past fourteen days, from 2,295,764.
