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Bitcoin Balances on a Razor’s Edge: Is a Breakout or Breakdown Looming?
20.12.2024
On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin’s next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery....
Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report
22.3.2023
Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers...
Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months
9.3.2021
Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet....
Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits
14.12.2020
According to data, bitcoin balances on exchanges are shrinking a great deal and have dropped to levels not seen in two years. Arcane Research detailed that charts showing the number of bitcoin leaving exchanges has seen a sharp decline and has been “one of the main stories of the year.”...
South African Regulator Raids Home of Key Members of an Alleged Crypto Ponzi Scheme
27.10.2020
A South African regulator along with the country’s police have reportedly seized electronics devices and computers belonging to two principal members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. The raid at Clynton and Cheri Marks’ home on October 26...
For the first time since 2018 Bitcoin balances on exchanges fell below 2.5M
22.10.2020
Bitcoin's balance on three popular exchanges decreased by 390k BTC over the past 9 months
Bitcoin Balances on Exchanges at 2-Year Low and That May Be a Bullish Sign
28.9.2020
Bitcoin balances on major exchanges have hit their lowest point since November 2018. Yet unlike that time, it may be a positive signal
Bitcoin Balances at a 21 Month Low As Exchange Exodus Continues
21.8.2020
Bitfinex specifically lost 2/3 of its balances within the same timeframe
Bitcoin Balances on Exchanges Reach New Low
10.7.2020
Bitcoin (BTC) balances held on exchanges continued down, reaching a 13-month low today. Meanwhile, a blockchain analyst suggested investors should use caution in how they interpret on-chain data.
The new low in exchange balances was reported by blockchain analytics firm Glassnode, which said...