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  • Over $120M worth of Bitcoin was withdrawn from exchanges on Jan. 24.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 biggest withdrawal from Binance in the past month.
  • The size of the transactions ranged from $1M and $10M.
Net Transfer Volume/to Exchanges breakdown by size: (Source: Glassnode)
Net Transfer Volume/to Exchanges breakdown by size: (Source: Glassnode)

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