26,000 Bitcoin withdrawn from exchanges – biggest withdraw this year

A single whale's colossal move, withdrawing 26,000 Bitcoin from Coinbase, marks the largest off-exchange transaction since December 2022.

James Van Straten
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James Van Straten
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
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Quick Take

  • 26,000 Bitcoin was taking off Coinbase yesterday.
  • Roughly $800 million worth of Bitcoin off exchanges.
  • This is the biggest withdrawal off exchanges this year and the biggest since December 2022
  • This withdrawal was driven by large whale from Coinbase.
Exchange Balance: (Source: Glassnode)
Exchange Balance: (Source: Glassnode)
Exchange Balance: (Source: Glassnode)
Exchange Balance: (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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