
A record 55,000 Bitcoin, or over $1.1 billion, was just withdrawn from Binance
Some serious withdrawals are occurring on the world’s biggest crypto exchange by volume. Bitcoin (BTC) has seen record buying activity as BTC/USD returns to six-week highs.The latest data from on-chain analytics firm CryptoQuant shows more BTC leaving major exchange Binance in a single day than ever before.Binance finishes the day 55,000 BTC lighterDespite warnings that a macro bottom may not yet have occurred, Bitcoin investors have wasted no time snapping up BTC above $20,000.The past two days’ gains delivered a sea change to exchange user behavior, with BTC balances dropping across the....
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