Friday, June 27, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Bithumb facilitates fifth largest Bitcoin exodus of 2023, signaling potential shift in investor strategy

August 27, 2023
in Crypto Exchanges
Reading Time: 2 mins read
0 0
A A
0
Home Crypto Exchanges
Share on FacebookShare on TwitterShare on E Mail


Fast Take

Unprecedented actions within the Bitcoin market had been noticed yesterday, with the fifth largest outflow of Bitcoin in 2023, amounting to just about $300 million or 10,000 BTC. This substantial withdrawal was majorly facilitated by Bithumb, a number one international trade, which now retains solely 8,500 Bitcoins. This occasion represents not solely an intriguing case research into particular person trade conduct but in addition a broader development that’s shaping the Bitcoin panorama.

The collective steadiness of Bitcoin on all exchanges continues its downward development, at the moment standing at roughly 2.256 million. This lower in Bitcoin reserves might point out a rising choice amongst buyers for holding cryptocurrencies in private wallets versus exchanges. Whereas the trigger continues to be speculative, it’s essential to watch these persevering with shifts within the Bitcoin market as they could sign modifications in investor sentiment and technique.

Alternate Stability: (Supply: Glassnode)
Netflow: (Source: Glassnode)
Netflow: (Supply: Glassnode)

The put up Bithumb facilitates fifth largest Bitcoin exodus of 2023, signaling potential shift in investor technique appeared first on CryptoSlate.



Source link

Tags: BitcoinBithumbexodusfacilitatesinvestorlargestpotentialshiftsignalingStrategy
Previous Post

Bitcoin Lightning Network On Binance Records One Of The Fastest Rates Of Adoption

Next Post

Convex Finance (CVX) Price Prediction 2023 2024 2025

Related Posts

Blockchain

CLT Token Is Redefining E-Sports Economics with Blockchain: Fair Rewards, Real Ownership, and a Player-Driven Future

June 26, 2025
Introducing Target Model Smart Portfolios
Crypto Exchanges

Introducing Target Model Smart Portfolios

June 26, 2025
World Liberty Financial advances WLFI plans amid public interest
Crypto Exchanges

World Liberty Financial advances WLFI plans amid public interest

June 26, 2025
WazirX gains crucial extension to revive post-hack restructuring plan
Crypto Exchanges

WazirX gains crucial extension to revive post-hack restructuring plan

June 24, 2025
Oil, Dollar, and Trade in Focus
Crypto Exchanges

Oil, Dollar, and Trade in Focus

June 23, 2025
Kazakhstan spearheads crypto progress with Solana Economic Zone
Crypto Exchanges

Kazakhstan spearheads crypto progress with Solana Economic Zone

June 23, 2025
Next Post
Convex Finance (CVX) Price Prediction 2023 2024 2025

Convex Finance (CVX) Price Prediction 2023 2024 2025

Julian Assange Extradition: Metaverse Rallies Against Injustice

Julian Assange Extradition: Metaverse Rallies Against Injustice

China Metaverse Mandates To Include Its Social Credit System

China Metaverse Mandates To Include Its Social Credit System

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In