Exchange Outflows Top 32,060 BTC as Analysts Eye a Possible $80,000 Bitcoin Path

Bitcoin traded sideways on Tuesday after a broader market pullback, while the asset was still up nearly 6% over the past week. Data shared by analyst Crypto Patel indicated 32,060 BTC were withdrawn from centralized exchanges over the past 30 days, with exchange balances at 2.44 million BTC. BTC was priced at $74,169 at press time, up 0.77% in the last 24 hours.