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In 2024, #Bitcoin exchange balances saw a significant decrease, with around $9.5 billion worth of $BTC withdrawn from exchanges. https://t.co/SYdshW0nIQ
🔥 Yesterday $1.1 billion worth of BTC was withdrawn from Coinbase, which is the 3rd largest withdrawal this year This year, all the largest BTC withdrawls from Coinbase have happened in march 👀 https://t.co/Sj3oFcz9bH
NEW: #Bitcoin volume on exchanges EXPLODES in March, nearly doubling January and February's numbers 👀 https://t.co/huxeHTK6bF
A surge in exchange withdrawals has led to over $9.5 billion worth of Bitcoin being pulled out since the debut of US spot ETFs. Notably, on March 27, 22,000 BTC ($1.54B) was withdrawn, marking the third-largest daily move of 2024. Coinbase witnessed over $1 billion in Bitcoin withdrawals recently, hinting at significant whale accumulation.
