Over 40,000 BTC leave exchanges as Bitcoin hits $82k

Over 40,000 BTC leave exchanges as Bitcoin hits $82k
фото показано с : coinjournal.net

2024-11-11 15:24

Bitcoin rose to a new all-time high above $82 on November 11, 2024 Over 40,000 Bitcoin valued at nearly $3.28 billion have left exchanges in the past week.

The price of Bitcoin (BTC) has climbed to a new record high above $82,000 as the momentum that pushed cryptocurrencies higher continues to dictate sentiment.

On Monday, BTC reached highs of $82,329 across major exchanges to put the flagship digital asset up more than 20% over the past week.

The gains have also impacted altcoins, with notable performances for Ethereum that has crossed above $3,100 and Solana that’s eyeing a new year-to-date high. Cardano, BNB and meme coins Dogecoin and Shiba Inu are also trading higher.

Over 40,000 BTC leave exchanges

According to crypto analyst Ali Martinez, Bitcoin’s spike to the new ATH comes as the amount of BC leaving exchanges surges.

In the past week, Ali noted via X, bullish BTC holders have withdrawn over 40,000 bitcoins from exchanges. This represents nearly $3.3 billion worth of Bitcoin exiting from exchanges. Exchange balances for Bitcoin have plummeted in the last seven days.

Bitcoin exiting exchanges has increased this past week. Chart by Ali Martinez on X

The bullish sentiment across the market could be driving this trend. Donald Trump’s US election victory and interest rate cuts are two major catalysts. Meanwhile, institutional demand amid spike in spot ETF inflows has also helped BTC past the $82k mark.

What next for Bitcoin price?

BTC price forecasts suggest a surge to $100k is possible before the end of the year. With this outlook in place, a huge number of traders taking a short term bearish view after recent gains have lost significant amounts of money.

Per Coinglass data, the past 24 hours have seen the crypto market a staggering $270 million in liquidations.

However, longs expecting an even sharper spike for Bitcoin have recorded a $361 million liquidations. In total, more than 208,800 traders have been liquidated in the past 24 hours, the total liquidations comes in at $632.57 million, with $124 million in Bitcoin shorts.

The post Over 40,000 BTC leave exchanges as Bitcoin hits $82k appeared first on CoinJournal.

origin »

Bitcoin (BTC) на Currencies.ru

$ 89403.55 (-0.11%)
Объем 24H $63.523b
Изменеия 24h: -3.52 %, 7d: -2.00 %
Cегодня L: $89323.06 - H: $89403.55
Капитализация $1784.299b Rank 1
Цена в час новости $ 84103.94 (6.3%)

bitcoin new high above btc exchanges climbed

Источник: coinjournal.net

bitcoin new → Результатов: 126


Фото:

Nearly 7M Bitcoin Now Sitting At A Loss: Highest Unrealized Pain Since January 2024

Bitcoin is now holding ground around the $90K level as the market transitions into a new and uncertain phase. Sentiment is sharply divided: some analysts argue that the breakdown below $100K marks the beginning of a new bear market, while others believe Bitcoin is setting the stage to break its traditional four-year cycle and rally harder than ever in the months ahead.

2025-11-20 23:30


Bitcoin Rally Expected: Standard Chartered Eyes New High Of $73,800 Pre-US Election

Bitcoin has recently shown significant momentum, reaching its highest level since July, briefly touching $67,900 and recovering 7%. This surge follows a dip to $58,900 at the end of last week, further fueling bullish sentiment among investors optimistic about the cryptocurrency’s potential to reach new heights before the end of the year.

2024-10-16 22:44


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru