Roughly 20,000 bitcoin have been pulled from the crypto exchange in the past 24 hours, according to data from Coinglass.Read MoreCoinDesk
Amid concerns about the health of FTX, investors have withdrawn bitcoin (BTC) en masse, bringing the crypto exchange’s balance to essentially zero.
Data from Coinglass showed a bitcoin balance at FTX of just one as of press time. That balance had been about 20,000 for the past month through as recently as 24 hours ago.
Coinglass numbers show total bitcoin balances across all exchanges of just over 2 million, down just marginally over the past 24 hours. The two largest holders are Coinbase Pro and Binance, each with more than 500,000 coins.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Bitcoin saw explosive growth immediately after the recent U.S. presidential elections, rising and retaking the…
Bitcoin miner IREN (IREN) rose nearly 30% on Wednesday after executives said the company had…
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech…
Bitcoin zoomed above $97,000, bringing hopes of breaching the landmark $100,000 level on social media,…
Bitcoin layer-2 network GOAT will soon let dogecoin (DOGE) users stake their tokens to earn…
There’s something about major psychological price levels, like bitcoin's (<a href="https://www.coindesk.com/price/bitcoin/ " target="_blank">BTC</a>) $100,000 mark.…