20k BTC reenters exchanges following largest Bitcoin long liquidation event this year

Quick Take

• In the past two weeks, exchanges have seen roughly 20,000 Bitcoin (BTC) put back onto exchanges.
• Bitcoin hit a local top of $30,000, and has descended below $28,000, which has seen a lot of sell pressure on top of the biggest long liquidation event of this year.
• Currently, 2,313,385 million BTC sits on exchanges. However, this is up considerably in the past fourteen days, from 2,295,764.

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