Based on the favored blockchain sleuth Whale Alert, which tracks down massive cryptocurrency transactions, over the previous hour, two main cryptocurrency exchanges have been shaken by huge Bitcoin withdrawals.
Greater than 100 million {dollars}’ price of Bitcoin has left every of these crypto buying and selling platforms.
$368.7 million in Bitcoin withdrawn into unknown
The aforesaid information tracker seen two massive transactions, each constituted withdrawals from the world’s largest change Binance and the main publicly traded change within the US – Coinbase.
1,220 BTC price $106,612,152 and 1,251 BTC valued at $109,205,712 have been withdrawn from Binance and Coinbase to nameless wallets.
🚨 🚨 🚨 🚨 🚨 1,220 #BTC (106,612,152 USD) transferred from #Binance to unknown wallethttps://t.co/bfWz7Hmydp
— Whale Alert (@whale_alert) March 24, 2025
After that, the tracker noticed one other massive Bitcoin transaction, carrying the most important Bitcoin batch of those three – 1,750 BTC. This crypto switch was made out of one nameless pockets to a different and was equal to $152,931,769 on the time of the initiated transaction.
Max Keiser predicts new Bitcoin ATH in March
Over the previous 24 hours, the world’s main cryptocurrency, Bitcoin, has surged considerably, leaping from $83,820 to virtually $88,000, representing a 4.6% development. Since Friday, BTC has surged by 5.22%.
On the time of this writing, digital gold is altering arms at $87,670 per coin. Bitcoin maximalist and BTC advisor to El Salvador President Nayib Bukele Max Keiser shared a bullish BTC prediction on Sunday.
He tweeted that he expects Bitcoin to surge to a brand new all-time excessive this month. Nonetheless, BTC has only one week to do this, since as we speak is March 24. The final historic peak was scored by Bitcoin on January 20, when it surged above the $109,000 value stage, reaching $109,114.
BTC makes new ATH this month.
— Max Keiser (@maxkeiser) March 23, 2025
Roughly every week in the past, Keiser went again to his ultra-bullish prediction made earlier. The Bitcoin maximalist believes that no matter how a lot BTC Technique or anybody else buys, $2,200,000 per BTC is “nonetheless in play” since, as he put it, “distinctive on the earth (and historical past) of cash & finance.” It has no single level of failure because of the proper Bitcoin construction invented by Satoshi Nakamoto.
Keiser additionally made a prediction about China, Russia, and Iran probably utilizing a gold-backed stablecoin sooner or later to keep away from utilizing the US greenback. The greenback lack volatility but in addition on observe to lose its buying energy. As for BTC, he mentioned that “Bitcoin is deflationary, however risky.”