Massive Bitcoin Withdrawals Shake Binance and Coinbase, Exceeding $200 Million in 1 Hour

Bitcoin

Massive Bitcoin Withdrawals Shake Binance and Coinbase, Exceeding $200 Million in 1 Hour

These massive outflows reflect growing market activity.

Bitcoin Price Surge Accompanies Large-Scale Withdrawals

The Bitcoin withdrawals come on the back of a price surge, with Bitcoin jumping from $83,820 to nearly $88,000 in just 24 hours. This rise in value coincides with the large-scale movements, suggesting a shift in market sentiment.

 

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Editorial Team

Reporter at Coindoo

Source: https://coindoo.com/massive-bitcoin-withdrawals-shake-binance-and-coinbase-exceeding-200-million-in-1-hour/