Second largest Bitcoin withdraw from exchanges this year

Quick Take

  • In total, $400 million of Bitcoin was pulled from exchanges yesterday.
  • $300 million was attributed to a single whale using Huobi.
  • This outflow is the second-largest daily exchange withdrawal this year.
  • The biggest withdrawal occurred 11 days ago when $800 million left exchanges.
Exchange Netflow: (Source: Glassnode)
Exchange Netflow: (Source: Glassnode)

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