Bitcoin

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>In the past two weeks, exchanges have seen roughly 20,000 Bitcoin (<a href="http://www.cryptoslate.com/coins/bitcoin">BTC</a>) put back onto exchanges.</li>
<li>Bitcoin hit a local top of $30,000, and has descended below $28,000, which has seen a lot of sell pressure on top of the biggest <a href="https://cryptoslate.com/insights/biggest-long-liquidation-event-for-crypto-in-2023-took-place-on-april-19/">long liquidation</a> event of this year.</li>
<li>Currently, 2,313,385 million BTC sits on exchanges. However, this is up considerably in the past fourteen days, from 2,295,764.</li>
</ul>
<figure id="attachment_319514" aria-describedby="caption-attachment-319514" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-319514 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/04/btc-exchange.png" alt="Exchange Balance: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/btc-exchange.png 1800w, https://cryptoslate.com/wp-content/uploads/2023/04/btc-exchange-300x169.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/btc-exchange-1024x576.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/btc-exchange-768x432.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/btc-exchange-1536x864.png 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-319514" class="wp-caption-text">Exchange Balance: (Source: Glassnode)</figcaption></figure>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/insights/20k-btc-reenters-exchanges-following-largest-bitcoin-long-liquidation-event-this-year/">20k BTC re-enters exchanges following largest Bitcoin long liquidation event this year</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

20k BTC re-enters exchanges following largest Bitcoin long liquidation event this year

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