Bitcoin surpasses $22k as 20k BTC pulled off exchanges

Quick Take:

• Jan. 20 saw 20k BTC pulled from exchanges.
• The majority of the coins have been pulled from Binance — roughly ~13k Bitcoin.
• Over $100 million has been liquidated in the past 4 hours.

Bitcoin: Balance on Exchanges (Source: Glassnode)

Bitcoin Price (Source: TradingView)

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