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		<title>Almost $1 billion in Bitcoin left Coinbase within 24 hours</title>
		<link>https://cryptoupdate.io/2021/03/24/almost-1-billion-in-bitcoin-left-coinbase-within-24-hours/</link>
					<comments>https://cryptoupdate.io/2021/03/24/almost-1-billion-in-bitcoin-left-coinbase-within-24-hours/#respond</comments>
		
		<dc:creator><![CDATA[Anna B.]]></dc:creator>
		<pubDate>Wed, 24 Mar 2021 08:36:20 +0000</pubDate>
				<category><![CDATA[ANKR]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[BTC]]></category>
		<category><![CDATA[Coinbase]]></category>
		<category><![CDATA[Coinbase Pro]]></category>
		<category><![CDATA[CoinMarketCap.com]]></category>
		<category><![CDATA[CRV]]></category>
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					<description><![CDATA[<p>Finance Magnates reports large outflows of Bitcoin on Coinbase. In particular, almost $1 billion in BTC was recorded leaving the exchange in one day. Citing the data from cryptoquant.com, the source says around 14,600 Bitcoin was moved from the exchange. Now, BTC&#8217;s supply on exchanges reached its lowest mark in over 2 years. ETH supply [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2021/03/24/almost-1-billion-in-bitcoin-left-coinbase-within-24-hours/">Almost $1 billion in Bitcoin left Coinbase within 24 hours</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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										<content:encoded><![CDATA[<p>Finance Magnates reports <a href="https://www.financemagnates.com/cryptocurrency/news/cryptocurrency-exchange-coinbase-sees-massive-bitcoin-outflows/" target="_blank" rel="noreferrer noopener nofollow">large outflows of Bitcoin on Coinbase</a>. In particular, almost $1 billion in BTC was recorded leaving the exchange in one day. Citing the data from cryptoquant.com, the source says around 14,600 <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a></a> was moved from the exchange. Now, BTC&rsquo;s supply on exchanges reached its lowest mark in over 2 years. ETH supply on exchanges h<a href="https://cryptoupdate.io/2021/03/22/ether-supply-on-crypto-exchanges-is-at-a-28-month-low/" target="_blank" rel="noreferrer noopener">as also recently hit a 28-month low</a>. </p>



<p>Coinbase is the <a href="https://coinmarketcap.com/rankings/exchanges/" target="_blank" rel="noreferrer noopener nofollow">second-largest cryptocurrency exchange on CoinMarketCap.com</a> and the largest US-based <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> exchange. The company was supposed to go public via direct listing on the Nasdaq stock exchange this month and <a href="https://cryptoupdate.io/2021/03/18/coinbases-value-reaches-68-billion-before-listing-on-the-stock-market/" target="_blank" rel="noreferrer noopener">received a valuation of about $68 billion</a> last week. However, <a href="https://www.bloomberg.com/news/articles/2021-03-20/coinbase-s-direct-listing-is-said-to-be-pushed-back-to-april" target="_blank" rel="noreferrer noopener nofollow">according to Bloomberg</a>, the listing was moved to April. &nbsp;</p>



<p>The <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> exchange also announced yesterday <a href="https://blog.coinbase.com/ankr-ankr-curve-dao-token-crv-and-storj-storj-are-launching-on-coinbase-pro-62dbd9208d7c" target="_blank" rel="noreferrer noopener nofollow">three new listings on Coinbase Pro</a>. It will list Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ), which will become available for trading from Thursday, March 25, at 9 a.m. (PT), once liquidity conditions are met.</p>



<p><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a></a> is the world&rsquo;s largest <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a>, with a market cap of over $1 trillion. It reached an all-time high of $61,683.86 on March 13, <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noreferrer noopener nofollow">per CoinMarketCap.com data</a>, but lost some of its gains since then. It is trading at around $56,360 at the time of writing.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2021/03/24/almost-1-billion-in-bitcoin-left-coinbase-within-24-hours/">Almost $1 billion in Bitcoin left Coinbase within 24 hours</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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