The amount of Bitcoin withdrawn from exchanges by giant whales has reached the highest level in 9 years

ChainCatcher news, according to Cointelegraph, despite ongoing market volatility, the amount of Bitcoin withdrawn from exchanges by whales has reached the highest level in 9 years. In July alone, large holders accumulated 84,000 BTC, marking the fastest rate at which Bitcoin has been withdrawn from exchanges since 2015, similar to when the BTC price bottomed out around $220.