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Bitcoin ETFs bring in over $6 billion in November after another $1 billion day Solana hits new $264 all-time high as DEX volume reaches $100 billion monthly milestone US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders Bitcoin surges to $97k as market leverage hits historic $63 billion Memecoin revival drives Solana DEX Raydium past Tether in fees
Whale outflow from Huobi sees Bitcoin over $31K Whale outflow from Huobi sees Bitcoin over $31K James Van Straten · 1 year ago
Insights BitcoinETFs

Whale outflow from Huobi sees Bitcoin over $31K

Data via Glassnode

Bitcoin jumps to over $31,200, up almost 3% on the day

James Van Straten / @jvs_btc / Jul. 6, 2023 at 10:13 am UTC

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.
Netflow: (Source: Glassnode)
Netflow: (Source: Glassnode)
Balance on exchange: (Source: Glassnode)
Balance on exchange: (Source: Glassnode)
Analyst

James Van Straten

Former 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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