coin-img-ETHETH-1.80%coin-img-BTCBTC-1.74%coin-img-OKBOKB+4.59%coin-img-OPNOPN-4.35%coin-img-SOLSOL-1.62%coin-img-TAATAA-4.84%coin-img-XRPXRP-0.60%coin-img-USDCUSDC+0.00%coin-img-ETHETH-1.80%coin-img-BTCBTC-1.74%coin-img-OKBOKB+4.59%coin-img-OPNOPN-4.35%coin-img-SOLSOL-1.62%coin-img-TAATAA-4.84%coin-img-XRPXRP-0.60%coin-img-USDCUSDC+0.00%coin-img-ETHETH-1.80%coin-img-BTCBTC-1.74%coin-img-OKBOKB+4.59%coin-img-OPNOPN-4.35%coin-img-SOLSOL-1.62%coin-img-TAATAA-4.84%coin-img-XRPXRP-0.60%coin-img-USDCUSDC+0.00%coin-img-ETHETH-1.80%coin-img-BTCBTC-1.74%coin-img-OKBOKB+4.59%coin-img-OPNOPN-4.35%coin-img-SOLSOL-1.62%coin-img-TAATAA-4.84%coin-img-XRPXRP-0.60%coin-img-USDCUSDC+0.00%

Bitcoin Falls Below $70,000 as 32,000 BTC Exit Centralized Exchanges

Bitcoin briefly traded below $70,000 on Friday as U.S. equity futures declined and oil prices rose, market data from Ted Pillows and TradingView show. CryptoQuant data show nearly 32,000 BTC, worth approximately $2.26 billion, withdrew from centralized exchanges on Wednesday, with weekly outflows totaling roughly 47,700 BTC through Friday. Around $1.1 billion in stablecoin liquidity moved onto trading platforms in early March before netflows turned negative by about $37.5 million as Bitcoin withdrawals accelerated, CryptoQuant reported. CoinGlass data show Bitfinex recorded its largest single-exchange Bitcoin outflow since June 2025, with sustained negative netflows and transfers to cold storage suggesting potential spot accumulation during the consolidation phase, according to analyst Axel Adler Jr.
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