- As withdrawals continue to occur in 2023, a further $150 million of spot Bitcoin left exchanges on Jan. 27.
- The withdrawals are the third biggest of the year, and this is the third consecutive time that a large order has been placed on a Friday.
- The majority of the Jan. 27 withdrawals took place on crypto exchange Bithumb.
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.