Glassnode: After the approval of the spot Bitcoin ETF, approximately $9.5 billion worth of BTC has been withdrawn from major exchanges
2024-03-29 16:08:28
According to data from on chain analysis company Glassnode, the US spot Bitcoin ETF has been trading for less than three months, but during this period, approximately $9.5 billion worth of BTC has been withdrawn from major trading platforms. On March 27th alone, the total amount of Bitcoin proposed from the exchange exceeded 22000 BTC (1.54 billion US dollars), setting the third largest single day withdrawal total for 2024.
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