Crypto Exchange Bittrex Moves a Staggering $8.9 Billion in Bitcoin Ahead of Halving

Crypto Exchange Bittrex Moves a Staggering $8.9 Billion in Bitcoin Ahead of Halving

For the first time in Bitcoin’s history, a staggering $8.9 billion in Bitcoin was moved on-chain in just an hour. This has been the highest hourly USD transaction volume the Bitcoin network ever recorded. On this move, investor and bitcoin bull Preston Pysh commented, “That kind of move is not characteristic for the price action or protocol adjustment that’s currently happening.”