Bitcoin Exodus: $750 Million BTC Withdrawn From Exchanges

By
Hiroshi Yamamoto
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

On March 14, Bitcoin hit a new all-time high, triggering the withdrawal of a staggering $750 million worth of BTC from exchanges. This massive withdrawal, mostly from Bitfinex and Kraken, signifies a boost in investor confidence and signals a wealth transfer from long-term holders to speculators. Despite the price falling below $70,000, overall market sentiments suggest a stable support zone for Bitcoin, with resistance levels also identified. To further navigate the market, close monitoring of key demand zones and resistance levels is advised.

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