Bitcoin pierced through $31k as $240M withdrawn from exchanges
Almost $240 million Bitcoin was withdrawn from exchanges yesterday, seen coming from Binance and Coinbase.
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.
Quick Take
- As reported yesterday by CryptoSlate, whales have started accumulating Bitcoin around the $30,000 price again.
- Roughly $240 million worth of Bitcoin was pulled from exchanges yesterday — the sixth biggest withdrawal this year.
- Two days ago, a large whale from Bitfinex seemed to have deposited coins back on to exchanges, which is bearish. However, a further deep dive shows this was just an internal transaction, according to CryptoQuant.
