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

2023-8-27 01:16

Quick Take

Unprecedented movements in the Bitcoin market were observed yesterday, with the fifth largest outflow of Bitcoin in 2023, amounting to nearly $300 million or 10,000 BTC. This substantial withdrawal was majorly facilitated by Bithumb, a leading global exchange, which now retains only 8,500 Bitcoins. This event represents not only an intriguing case study into individual exchange behavior but also a broader trend that is shaping the Bitcoin landscape.

The collective balance of Bitcoin on all exchanges continues its downward trend, currently standing at roughly 2.256 million. This decrease in Bitcoin reserves could indicate a growing preference among investors for holding cryptocurrencies in personal wallets as opposed to exchanges. While the cause is still speculative, it’s crucial to monitor these continuing shifts in the Bitcoin market as they may signal changes in investor sentiment and strategy.

Exchange Balance: (Source: Glassnode) Netflow: (Source: Glassnode)

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

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 89883.2 (-0.11%)

Объем 24H $121.115b

Изменеия 24h: 2.59 %, 7d: 19.23 %

Cегодня L: $88564.71 - H: $90574.88

Капитализация $1778.061b Rank 1

Цена в час новости $ 25991.34 (245.82%)

bitcoin 2023 bithumb fifth largest withdrawal majorly

220 +

Источник: cryptoslate.com

bitcoin 2023 → Результатов: 126

Bitcoin Sees Its Worst Monthly Decline Since August 2023

Bitcoin just had a terrible month

2024-5-1 10:55
bitcoin 2023 had month terrible august sees

145 +

Bitcoin’s strong recovery in 2023 outshines gold and S&P 500

Bitcoin (BTC) experienced an exceptional year in 2023, achieving a significant 144% increase and outshining other major assets and indices. The latest surge added an impressive $530 billion to its market capitalization, showcasing a solid recovery from the 65% decline…

2024-1-2 14:59	Cryptocurrency
bitcoin 2023 recovery impressive 530 billion added

134 +

Here’s Everything That Happened in Bitcoin and Crypto in 2023

2023 for cryptocurrencies: Bitcoin's lows, regulatory actions, and institutional interest. The year saw SEC lawsuits, Silicon Valley Bank's collapse, and significant strides in Bitcoin and altcoin developments, ending with Bitcoin reclaiming $44,000.

2023-12-18 20:47	Crypto News
bitcoin 2023 collapse bank significant lawsuits valley

332 +

Bitcoin network goes silent in 2023

Bitcoin's transfer volume was just 25% higher than the cycle low. The monthly average of new addresses was significantly lower than the yearly average. Once a beehive of intense activity, thThe post Bitcoin network goes silent in 2023 appeared first on AMBCrypto.

2023-9-10 23:30	BTC Trading View
bitcoin 2023 network goes silent average beehive

219 +

Reasons behind the sharp decline in Bitcoin volumes in 2023

Sharp fall in the DXY index impacted stablecoin share of Bitcoin volumes in 2023. Binance was guilty of being a major contributor to the decline. Bitcoin [BTC] in 2023 hasn't been what it usThe post Reasons behind the sharp decline in Bitcoin volumes in 2023 appeared first on AMBCrypto.

2023-9-4 15:30	BTC Trading View
bitcoin 2023 volumes decline sharp reasons behind

208 +

Bitcoin outperformed popular assets in H1 2023, data shows

Bitcoin (BTC) outperformed other popular financial instruments and markets, including NASDAQ and the S&P 500, during the first half of 2023. Amidst regulatory uncertainties across various jurisdictions, gloomy market conditions brought about by the FTX scandal of 2022, and other…

2023-7-5 16:31	Price Analysis
bitcoin 2023 popular outperformed jurisdictions various gloomy

567 +

Bitcoin (BTC) Breaks $30,000 – First Time Since April 2023

Bitcoin (BTC) price moved past $30,000 for the first time since April 19, 2023. The largest crypto by market capitalization recently traded at $28,257, up 6.5% over the last 24 hours. The post Bitcoin (BTC) Breaks $30,000 – First Time Since April 2023 appeared first on BeInCrypto.

2023-6-22 19:22	Bitcoin News
bitcoin 2023 time april btc breaks 257

165 +

Unlocking the Potential: BTC Prague 2023 Sheds Light on Bitcoin’s Path to Global Domination

Renowned pseudonymous Bitcoin developer, known as Uncle Rockstar and leading the Bitcoin division at payment platform Strike, expressed his beliefs and concerns surrounding the adoption of Bitcoin during the BTC Prague event in 2023.

2023-6-14 14:00	News
bitcoin 2023 prague btc platform expressed strike

99 +

Bitcoin, XRP, and tradecurve are top coins to watch in 2023

Tradecurve, bitcoin, and XRP may surpass expectations in 2023 and rally, benefiting investors expecting higher returns on investment

2023-6-3 18:00	Sponsored
bitcoin 2023 tradecurve xrp expecting investors benefiting

470 +

Bitcoin 2023 Is The Festival Of Humanity We Need As Technology’s Grip Grows Stronger

With the specter of technologies like AI and CBDCs rising, Bitcoin 2023 will foster critical human connections.

2023-5-15 17:00	CBDC
bitcoin 2023 cbdcs like rising foster connections

186 +

Robert F. Kennedy Jr. To Make First Appearance As U.S. Presidential Candidate At Bitcoin 2023

Bitcoin 2023 will host Robert F. Kennedy Jr., who recently defended Bitcoin mining after the Biden Administration proposed a 30% tax on its energy usage.

2023-5-5 17:00
bitcoin 2023 robert kennedy biden administration energy

95 +

Bitcoin and liquid staking protocols lead crypto resurgence in Q1 2023

The first quarter of 2023 saw Bitcoin outperform traditional assets after a 72% quarterly gain in market capitalization.

2023-4-19 16:15
bitcoin 2023 saw quarter capitalization outperform market

79 +

Will 2023 be THE year for Bitcoin [BTC] despite the U.S huffing and puffing?

Q1 of 2023 was Bitcoin's [BTC] time to shine. The king coin has not had a favorable run in the recent past. Notably, in 2022, Bitcoin's price fell by 64. 02% from its December 2021 prices. Its losses wThe post Will 2023 be THE year for Bitcoin [BTC] despite the U.

2023-4-11 01:00	BTC Trading View
bitcoin 2023 btc puffing huffing year despite

286 +

Bitcoin is beating Warren Buffett’s 'crypto bet' in 2023

Bitcoin's rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood's ARK portfolio.

2023-3-17 09:22
bitcoin 2023 stock gaining coinbase seen portfolio

261 +

Bitcoin miner share prices soar in January 2023

Quick Take CryptoSlate has previously analyzed 9 of the top Bitcoin mining companies in terms of the evolution of Bitcoin holdings in 2022. The post Bitcoin miner share prices soar in January 2023 appeared first on CryptoSlate.

2023-2-1 17:38	Regulation
bitcoin 2023 cryptoslate january share miner soar

225 +

Seven Factors Bitcoin Investors Should Watch In 2023

A look ahead at what’s in store for bitcoin in the coming year. We analyze seven aspects of what might impact the bitcoin price in 2023.

2023-1-16 13:00	bitcoin mining
bitcoin 2023 seven analyze year aspects price

91 +

Global Recession Will Push Bitcoin Price to Remarkable Highs In 2023 — Bloomberg Analysts

Bitcoin’s turbulent performance in 2022 hasn’t deterred big players from predicting a promising run for the asset in 2023.

2023-1-9 20:41	xbtusd
bitcoin 2023 players big hasn deterred predicting

217 +

Mt. Gox Payout Deadline Postponed Again, Next Bitcoin Price Dump In 2023?

One concern for Bitcoin investors has taken a back seat in recent weeks and months amid macroeconomic headwinds and crypto-intrinsic contagion effects: the release of recovered BTC from Mt Gox. Originally, users of what was once the largest Bitcoin exchange were supposed to file their claims by January 10, 2023.

2023-1-6 16:20	mt. gox
bitcoin 2023 gox users originally btc release

240 +

Bitcoin Will Reach $33,000 in April 2023 – Cycle Analysis

Bitcoin may have lost 64% in value last year. However, 2023 could see a period of accumulation with mostly sideways price action. The post Bitcoin Will Reach $33,000 in April 2023 – Cycle Analysis appeared first on BeInCrypto.

2023-1-4 17:30	Bitcoin News
bitcoin 2023 analysis cycle april reach action

286 +

Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain

Bitcoin miners had a rough 2022, showing “how to not build a mining business,” However, industry experts don’t see 2023 as any better, unless markets improve significantly.

2022-12-31 22:42	Business
bitcoin 2023 miners experts don industry business

706 +

Bitcoin-linked cryptocurrencies that have a chance of becoming very bullish in 2023

Litecoin, Bitcoin Cash, and Wrapped Bitcoin are associated with Bitcoin The cryptocurrencies move alongside Bitcoin LTC, BCH, and WBTC can become bullish in 2023 or when the bull market returns Bitcoin (BTC/USD) is the largest cryptocurrency and the most popular.

2022-12-22 18:56	LTC
bitcoin 2023 bullish cryptocurrencies when market wbtc

168 +

Bitcoin Bull Tim Draper Sticks To $250,000 Price Prediction For BTC In 2023

Billionaire venture capitalist Tim Draper is convinced that Bitcoin will tap $250,000 in the first half of 2023, despite the ongoing crypto winter.

2022-11-18 13:16	xbtusd
bitcoin 2023 250 tim draper tap despite

113 +

Bitcoin Forecast Increased to $95,000 by End of 2023, Says Analyst; Here's Why

Bitcoin might more than quadruple from its current level to reach $95,000 by 2023: Mark Palmer

2022-6-24 15:14
bitcoin 2023 quadruple current reach palmer mark

259 +

Bitcoin Bull Bets $6.3 Million that BTC will Exceed Berkshire Hathaway Share Price by 2023

A mystery investor has decided to bet $6. 3 million that the price of Bitcoin will exceed $280,000 by the year 2023. If successful, the individual stands to win a whopping $1. 2 billion. Throwing Down the Bitcoin Gauntlet to Berkshire Hathaway According to a tweet by Tom Waterhouse, the CEO of William Hill Australia, a “well-known… The post Bitcoin Bull Bets $6.

2018-7-13 00:33
bitcoin 2023 million hathaway price berkshire exceed

250 +

Bitcoin or Berkshire Hathaway: an expert bets on bitcoin growth to $288,000

Anonymous cryptocurrency enthusiast has placed a bet worth 8.5 million Australian dollars on bitcoin price growth to $288,000 by 2023.

2018-7-13 23:12	News
bitcoin 288 growth 2023 worth bet price

283 +

Investor Bets $6.3 Million on Bitcoin to Beat Berkshire Hathaway

A “well-known cryptocurrency expert” has asked for a bet with Berkshire Hathaway that the price of a bitcoin will top the notorious crypto skeptic’s share price by 2023. Bitcoin Bet: 5 Years, $1.

2018-7-12 21:00
bitcoin million hathaway investor berkshire bet billion

231 +

Анонимный эксперт поставил $6 млн на то, что биткоин достигнет $280000 к концу 2023

Анонимный криптовалютный эксперт из Австралии поставил 8,5 млн австралийских долларов ($6. 2 млн) на то, что цена биткоина превысит $280000 к концу 2023 года. Если быть точнее, ставка заключается в том, что один биткоин к 2023 году превысит стоимость одной акции компании Уорена Баффета Berkshire Hathaway.

2018-7-13 20:59	криптовалюта
280000 млн 2023 анонимный биткоин концу поставил

559 +

дальше еще 77 новостей →

2023-8-27 01:16

bitcoin 2023 → Результатов: 126

2024-5-1 10:55

2024-1-2 14:59

2023-12-18 20:47

2023-9-10 23:30

2023-9-4 15:30

2023-7-5 16:31

2023-6-22 19:22

2023-6-14 14:00

2023-6-3 18:00

2023-5-15 17:00

2023-5-5 17:00

2023-4-19 16:15

2023-4-11 01:00

2023-3-17 09:22

2023-2-1 17:38

2023-1-16 13:00

2023-1-9 20:41

2023-1-6 16:20

2023-1-4 17:30

2022-12-31 22:42

2022-12-22 18:56

2022-11-18 13:16

2022-6-24 15:14

2018-7-13 00:33

2018-7-13 23:12

2018-7-12 21:00

2018-7-13 20:59

Партнеры Currencies.ru

Реклама на Currencies.ru

Add news: propose for publication, Submit ICO