Over 100,000 Bitcoin Withdrawn From Exchanges Including $312M From Binance; 2.4 Million Bitcoin Left Amid Supply Shock
By: defi news|2025/05/15 04:30:08
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Over the past three weeks, more than 100,000 Bitcoin have been withdrawn from cryptocurrency exchanges, with over $312 million worth of Bitcoin pulled from Binance alone in the last 12 hours following the U.S.-China trade deal. This large-scale movement of Bitcoin has led to a substantial decrease in Bitcoin reserves on exchanges, with only approximately 2.4 million Bitcoin remaining available. Market observers describe this trend as a potential supply shock, suggesting that major holders, or whales, may be anticipating significant market developments.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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