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Bitcoin sales by miners begin to fall, suggesting a potential reduction in sell pressure New Grayscale mini-trust plans to offer lowest fees in Bitcoin ETF market at 0.15% BlackRock’s IBIT only 1 day away from top 10 status with unbroken inflow streak ViaBTC hits jackpot with $2.4 million fee in historic Bitcoin halving block Halving sees transaction fees hit new record momentarily as Bitcoin climbs back above $66k
Bitcoin surpasses $22k as 20k BTC pulled off exchanges Bitcoin surpasses $22k as 20k BTC pulled off exchanges James Van Straten · 1 year ago
Insights Bitcoin

Bitcoin surpasses $22k as 20k BTC pulled off exchanges

Bitcoin is on a tear as $100M in shorts are liquidated and 20k BTC are pulled off exchanges in the past 4 hours.

James Van Straten / @jvs_btc / Jan. 20, 2023 at 8:45 pm UTC

Quick Take:

  • Jan. 20 saw 20k BTC pulled from exchanges.
  • The majority of the coins have been pulled from Binance — roughly ~13k Bitcoin.
  • Over $100 million has been liquidated in the past 4 hours.
Bitcoin: Balance on Exchanges (Source: Glassnode)
Bitcoin: Balance on Exchanges (Source: Glassnode)
Bitcoin Price (TradingView)
Bitcoin Price (Source: TradingView)
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James Van Straten

Lead Analyst at 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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