Bitcoin

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>26,000 Bitcoin was taking off Coinbase yesterday.</li>
<li>Roughly $800 million worth of Bitcoin off exchanges.</li>
<li>This is the biggest withdrawal off exchanges this year and the biggest since December 2022</li>
<li>This withdrawal was driven by large whale from Coinbase.</li>
</ul>
<figure id="attachment_325429" aria-describedby="caption-attachment-325429" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-325429 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/05/btt.jpg" alt="Exchange Balance: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/btt.jpg 1800w, https://cryptoslate.com/wp-content/uploads/2023/05/btt-300x169.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/05/btt-1024x576.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/btt-768x432.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/05/btt-1536x864.jpg 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-325429" class="wp-caption-text">Exchange Balance: (Source: Glassnode)</figcaption></figure>
<figure id="attachment_325430" aria-describedby="caption-attachment-325430" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-325430 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/05/btt1.png" alt="Exchange Balance: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/btt1.png 1800w, https://cryptoslate.com/wp-content/uploads/2023/05/btt1-300x169.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/btt1-1024x576.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/btt1-768x432.png 768w, https://cryptoslate.com/wp-content/uploads/2023/05/btt1-1536x864.png 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-325430" class="wp-caption-text">Exchange Balance: (Source: Glassnode)</figcaption></figure>
The post <a rel="nofollow" href="https://cryptoslate.com/insights/26000-bitcoin-withdrawn-from-exchanges-biggest-withdraw-this-year/">26,000 Bitcoin withdrawn from exchanges – biggest withdraw this year</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.

26,000 Bitcoin withdrawn from exchanges – biggest withdraw this year

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