Over $120m withdrawn from Binance on Jan. 24, transaction volume indicates big player involved

Definition

Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions.

Quick Take

• Over $120M worth of Bitcoin was withdrawn from exchanges on Jan. 24.
• The majority of the withdrawals again came from Binance.
• This is the third largest withdrawal from Binance in the past month.
• The size of the transactions ranged from $1M and $10M.

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