DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Bitcoin Bitcoin News

Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt 

Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has decli...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt 
Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24 hours. AVAX Declines Amid Onchain Analyst’s Discovery of Major Transfers Zachxbt, a well-known onchain analyst, […]

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Bitcoin News

Related market context