Massive Bitcoin Withdrawals Shake Binance and Coinbase, Exceeding $200 Million in 1 Hour
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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.
1,220 #BTC (106,612,152 USD) transferred from #Binance to unknown wallethttps://t.co/bfWz7Hmydp
Whale Alert (@whale_alert) March 24, 2025
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Text source: Coindoo
