Whale outflow from Huobi sees Bitcoin over $31K 
Quick Take
- Bitcoin jumps to over $31,200, up almost 3% on the day
- A whale outflow from Huobi saw almost 7,500 Bitcoin leave the exchange.
- Huobi now has less than 20,000 Bitcoin on the exchange; this comes after a report by Willy Woo of Huobi collateral continuing to be drained.
Analyst 
James Van Straten
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, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
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