Over $467,000,000 Worth of Bitcoin Leaves Crypto Exchange Coinbase in Just One Week: Analytics Firm Coinglass

Over $467,000,000 Worth of Bitcoin Leaves Crypto Exchange Coinbase in Just One Week: Analytics Firm Coinglass


New data from a crypto intelligence platform reveals that nearly 10,000 Bitcoin (BTC) left US-based crypto exchange Coinbase in the last seven days.

Coinglass shows that Coinbase Pro users collectively withdrew 9,951 BTC worth $467.28 million in the last week alone as Bitcoin continues to struggle below the $50,000 level.

The analytics firm also shows that Seychelles-based digital asset exchange OKEx recorded outflows of 2,196 BTC worth $103.12 million over the same timeframe. In the last 24 hours, OKEx users withdrew 748 BTC worth $35.12 million.

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While Coinbase and OKEx are seeing considerable drops in their Bitcoin balances, Binance and Bitfinex are registering upticks in BTC inflows.

Coinglass shows that users of global crypto exchange Binance deposited 10,880 BTC worth $510.94 million in just one

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