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Massive Bitcoin Withdrawals Hit Major Exchanges as BTC Surges Toward New Highs

Over $368 million in Bitcoin withdrawn from Binance and Coinbase, while Max Keiser predicts a new BTC all-time high in March.
Published on 2025-03-24

Massive Bitcoin Withdrawals from Top Exchanges

In the past hour, Whale Alert reported significant Bitcoin withdrawals from Binance and Coinbase, totaling over $368 million. Binance saw 1,220 BTC ($106.6 million) and Coinbase transferred 1,251 BTC ($109.2 million) to anonymous wallets. Another large transaction of 1,750 BTC ($152.9 million) moved between unknown wallets.

Bitcoin Price Surges, Eyes New All-Time High

Bitcoin's price has risen 4.6% in the last 24 hours, reaching $87,670 per coin. Max Keiser predicts BTC will hit a new all-time high by March, following a 5.22% increase since Friday. Keiser also reiterated his long-term prediction of BTC reaching $2.2 million, emphasizing its unique structure and deflationary nature.

Geopolitical Implications and Stablecoin Predictions

Keiser suggested China, Russia, and Iran might adopt a gold-backed stablecoin to bypass the U.S. dollar, which is losing purchasing power. He noted Bitcoin's volatility but highlighted its deflationary attributes, positioning it as a unique asset in global finance.

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