Third biggest Bitcoin withdrawal year to date – $130M

Roughly $130 million in Bitcoin (BTC) was withdrew from exchanges yesterday — equating to 6000 BTC — just one day before CPI announcement.

James Van Straten
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James Van Straten
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Quick Take

  • The third biggest withdrawal from exchanges occurred on Feb. 13 — roughly $130 million.
  • Roughly $100 million of those withdrawals came from transfers bigger than $1 million.
  • This equates to roughly over 6,000 Bitcoin.
Net Transfer Volume from/to exchanges: (Source: Glassnode)
Net Transfer Volume from/to exchanges: (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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