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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
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James Van Straten
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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
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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Bitcoin BTC (24h)
$77,715.80 -1.44%
Market Cap $1.56T
24H Volume $41.85B