Over $120m withdrawn from Binance on Jan. 24, transaction volume indicates big player involved

Definition Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions. Quick Take Over $120M worth of Bitcoin was withdrawn from exchanges on Jan. 24. The majority of the withdrawals again came from Binance. This is the third biggest withdrawal from Binance in the past month. The size […]

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Definition

Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions.

Quick Take

  • Over $120M worth of Bitcoin was withdrawn from exchanges on Jan. 24.
  • The majority of the withdrawals again came from Binance.
  • This is the third biggest withdrawal from Binance in the past month.
  • The size of the transactions ranged from $1M and $10M.
Net Transfer Volume/to Exchanges breakdown by size: (Source: Glassnode)
Net Transfer Volume/to Exchanges breakdown by size: (Source: Glassnode)

The post Over $120m withdrawn from Binance on Jan. 24, transaction volume indicates big player involved appeared first on CryptoSlate.

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