Insights
Aster’s perpetuals daily volume edges past Hyperliquid with over $12 billion trading surge Metaplanet outpaces Strategy with significant Bitcoin acquisition despite share slump Bitcoin’s volatility drops below Nasdaq 100 firms as maturation marks milestone Stablecoins could face yield compression after Fed’s rate cut Solana dips 6.5% then trims losses to $236
Home ▸ Insights ▸ Bitcoin ▸
This article is more than 2 years old...

Third biggest Bitcoin withdrawal year to date – $130M

Roughly $130 million in Bitcoin (BTC) was withdrew from exchanges yesterday — equating to 6000 BTC — just one day before CPI announcement.

James Van Straten
Feb. 14, 2023 at 10:40 am UTC
1 min read
Updated: Feb. 14, 2023 at 10:40 am UTC

Quick Take

  • The third biggest withdrawal from exchanges occurred on Feb. 13 — roughly $130 million.
  • Roughly $100 million of those withdrawals came from transfers bigger than $1 million.
  • This equates to roughly over 6,000 Bitcoin.
Net Transfer Volume from/to exchanges: (Source: Glassnode)
Net Transfer Volume from/to exchanges: (Source: Glassnode)
Analyst View profile
James Van Straten
James Van Straten
Former Lead Analyst 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.

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.

In this insight
Bitcoin BTC (24h)
$87,158.69 -0.71%
Vol: $48.18B MCap: $1.74T

Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.

More about Bitcoin