Whale outflow from Huobi sees Bitcoin over $31K

by Jeremy

Fast Take

  • Bitcoin jumps to over $31,200, up nearly 3% on the day
  • A whale outflow from Huobi noticed nearly 7,500 Bitcoin go away the trade.
  • Huobi now has lower than 20,000 Bitcoin on the trade; this comes after a report by Willy Woo of Huobi collateral persevering with to be drained.
Netflow: (Source: Glassnode)
Netflow: (Supply: Glassnode)
Balance on exchange: (Source: Glassnode)
Steadiness on trade: (Supply: Glassnode)

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