Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Bitcoin loses $24k – as 15k coins go back onto exchanges, profits get realized
Bitcoin fell below $24,000 on Feb. 17 as coins began returning to exchanges — short-term holders realized large amounts of profit.
Quick Take
- Bitcoin broke below $24,000 on Feb. 17, as coins returned to exchanges while short-term holders realized large amounts of profit.
- Over 15,000 BTC went back onto exchanges from a range of cohorts — from small to big players.
- Year-to-date (YTD), only 2,000 BTC have been withdrawn from exchanges.
- Net realized profit was seen at almost $400 million, the highest amount just before the collapse of FTX back in November 2022.



















