{"id":21559,"date":"2022-03-23T06:12:40","date_gmt":"2022-03-23T05:12:40","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=21559"},"modified":"2022-03-23T06:12:49","modified_gmt":"2022-03-23T05:12:49","slug":"about-61000-bitcoin-departs-exchanges","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/about-61000-bitcoin-departs-exchanges\/","title":{"rendered":"About 61,000 Bitcoin Departs Exchanges in Just 15 Days As Bullish Sentiments Grows"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">After Bitcoin recently broke above the $40,000 level, about 61,000 Bitcoin departs exchanges <\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency-1024x538.jpg\" alt=\"About 61,000 Bitcoin Departs Exchanges in Just 15 Days As Bullish Sentiments Grows\" class=\"wp-image-14816\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency-1024x538.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency-300x158.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency-768x403.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency-750x394.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency-1140x599.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>About 61,000 Bitcoin Departs Exchanges in Just 15 Days As Bullish Sentiments Grows<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">About 61,000 BTC Depart Exchanges<\/h2>\n\n\n\n<p>About 61,000 BTC have been removed from exchanges in just 15 days, according to a figure released by Bitcoin Archive on March 22 by the on-chain analytics company <a href=\"https:\/\/glassnode.com\/\" target=\"_blank\" rel=\"noopener\">Glassnode<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1-1024x576.png\" alt=\"About 61,000 Bitcoin Departs Exchanges in Just 15 Days As Bullish Sentiments Grows\" class=\"wp-image-21562\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1-1024x576.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1-300x169.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1-768x432.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1-150x84.png 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1-750x422.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1-1140x641.png 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/About-61000-Bitcoin-Departs-Exchanges-in-Just-15-Days-As-Bullish-Sentiments-Grows-1.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>About 61,000 BTC Departs Exchanges in Just 15 Days As Bullish Sentiments Grows<\/figcaption><\/figure>\n\n\n\n<p>The amount that left exchanges equaled around $2.6 billion, based on the price of <a href=\"https:\/\/coinscreed.com\/staging\/florida-to-accept-bitcoin-for-tax-payment.html\" data-type=\"post\" data-id=\"21548\">Bitcoin<\/a>.<\/p>\n\n\n\n<p>The amount of BTC on these exchanges 15 days prior to publication was approximately 2.57 million BTC, whereas the exchange wallets contained nearly 2.51 million BTC.<\/p>\n\n\n\n<p>According to data provided on the same day by another crypto analytics firm, IntoTheBlock, as much as 15,000 BTC, or roughly $638 million, was withdrawn from exchanges in just one day.<\/p>\n\n\n\n<p>According to IntoTheBlock, this is the largest outflow since January 29, 2022. The platform went on to say:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u201cThe last time BTC experienced a large outflow, it was followed by a significant rise in price.\u201d<\/em><\/p><\/blockquote>\n\n\n\n<p>The Canadian Purpose Bitcoin exchange-traded fund (ETF) just hit an all-time high of 34,850 BTC as bullish sentiment for BTC grows.<\/p>\n\n\n\n<p>According to Glassnode figures tweeted on March 22 by market expert Jan W\u00fcstenfeld, this beats the previous record of 34,760 BTC set on March 3, 2022.<\/p>\n\n\n\n<p>Finally, at the time of publication, BTC was trading at $41,935, compared with seven days prior, when it was trading at $39,120, just below the critical $40,000 level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Bitcoin recently broke above the $40,000 level, about 61,000 Bitcoin departs exchanges About 61,000 BTC Depart Exchanges About 61,000 BTC have been removed from exchanges in just 15 days, according to a figure released by Bitcoin Archive on March 22 by the on-chain analytics company Glassnode . The amount that left exchanges equaled around [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":14816,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5371,6270],"class_list":["post-21559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin-2","tag-bitcoin-news-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Asian-stock-market-sell-off-on-Monday-adds-to-the-volatility-of-Bitcoin-and-cryptocurrency.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/21559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=21559"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/21559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/14816"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=21559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=21559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=21559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}